Input | Output (IO) has announced that their Web3 wallet, Lace, will integrate the ability to work with Bitcoin, enabling users to securely store and manage this cryptocurrency.
Bitcoin Support in Lace
Lace users will now be able to manage Bitcoin, the world's largest cryptocurrency, with the convenience of the wallet's intuitive interface. This move greatly simplifies access to various blockchain networks and their assets.
Future of Bitcoin-based DeFi
Despite Bitcoin's status as the foundation of the crypto industry, its DeFi ecosystem is still in the early stages. With the growth of Layer 2 solutions and innovations in Bitcoin smart contracts, Bitcoin DeFi is becoming an increasingly significant part of the industry.
Lace's Future Plans
Bitcoin support is just the beginning. IO is actively working on integrating new blockchains and assets, making Lace a versatile platform for managing the Web3 environment.
Integrating Bitcoin into Lace is an important step to enhance users' capability in cryptocurrency management and access to Web3.
