Here's a framing worth having before you touch Trustless Bitcoin Vaults (TBV): the lending flow everyone's testing right now isnt the product. Its the first application.
The design splits into two layers. The TBV protocol underneath owns vault creation, redemption, and proof verification — thats the permanent part. Applications plug in on top, each with its own adapter and its own vaults. Borrowing stablecoins is simply app number one, and the team has already outlined fixed-rate loans, insurance products, and options services as future stages.
Why does the layering matter to you? Because it means the thing being proven out right now is the collateral primitive itself. If locking native BTC under your own keys works for lending, the same vault machinery works for anything with verifiable conditions.
So the real question isnt whether you'd borrow — its which application would finally pull your BTC off the sidelines?
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