#USStablecoinBill The demonstration’s abilities turns “Cardano into a seamless DeFi layer for Bitcoin,” he added, highlighting implications for other UTXO-based chains. Sheldon Hunt, founder of Sundial Protocol, said the achievement was a turning point for decentralized interoperability. “It’s a turning point for the entire blockchain ecosystem,” he said. Jonah Peralta of Handle emphasized the breakthrough’s significance for Bitcoin’s utility, stating it unlocks smart contracts and scalability while maintaining Bitcoin’s security.