BOB Blog: Targeting the $6 Trillion Market with a 'Bitcoin Bank' Aiming ▫️ Core Vision • Building a comprehensive financial infrastructure using Bitcoin as collateral • Providing deposits, loans, and payments on a single Bitcoin rail • Goal: Utilize 30% of the $30 trillion Bitcoin market cap ($6T) ▫️ Current Bitcoin Utilization • Only 2% of the total $1.4T market cap is utilized for DeFi/protocols • True native BTCFi accounts for only 0.3% • 98% is idle → Potential to surpass gold ($30T) ▫️ Traditional Financial Market Opportunities • Global deposits: $70T (of which $23T is virtually interest-free) • Collateralized loans: Trillions of dollars • Trade finance and SME lending gap: Trillions of dollars • Bitcoin collateralized loan market expected to reach $73B by 2025 ▫️ BOB's Three Core Services • BOB Gateway: BTC One-click swaps with 100+ blockchain assets • Native Vaults: Generate yield while keeping BTC intact (no wrapping) • Lending: Borrow stablecoins using BTC as collateral (BitVM liquidation) • Payments: Spend your daily BTC without selling it ▫️ Issues with the existing system • Centralized exchanges: Key custody risk • Wrapped BTC: 40+ versions, complex, and trust-intensive • Bank deposits: Banks monopolize the spread, while customers face inflation risk • Cross-border remittances: Excessive fees and time ▫️ Differences with Bitcoin Native • Direct settlement without intermediaries (code enforcement) • Collateral is verifiable on-chain • Global single settlement layer • Maintain self-custody 💻 Original notice 💬 Despite the unfavorable market conditions, many BTCfi projects are striving to establish themselves as core infrastructure, anticipating $BTC collateralized financing as a trend. BOB's BitVM-based liquidation model and native vaults without wrapping are technically interesting approaches.