Sui Shockingly Announces Integration of sBTC, Leading a New Era of Institutional-Level Bitcoin DeFi!
In a blog post on May 1, the Sui Foundation revealed its deep integration with the Stacks network, opening a new chapter for Bitcoin DeFi! This groundbreaking initiative deeply merges Bitcoin with decentralized finance, allowing users to participate in DeFi on the Sui network through sBTC without relying on centralized custodians.
Sui Strongly Positions Itself in Bitcoin DeFi, Unlimited Possibilities Ahead
Sui will support sBTC and operate Stacks validators, marking a significant milestone where Bitcoin (BTC) holders can finally unlock lending, trading, and other DeFi opportunities in a decentralized manner. With Sui's high-performance chain and parallel transaction architecture, Bitcoin's $1.6 trillion dormant capital is about to realize tremendous DeFi potential.
DeFi Demand Explodes, Sui Becomes an Institutional-Level Solution
With Bitcoin DeFi protocols locking over $6.5 billion in funds, Sui provides a scalable execution layer for this space. Recently, Sui's TVL has grown by 50% over the past month, currently surpassing $1.8 billion. Meanwhile, interest from institutional investors continues to rise, with Grayscale's SUI Trust becoming an entry point for qualified investors.
Bitcoin and Sui Perfectly Integrate, Driving the Market into a New Era
This integration not only promotes the decentralized use of Bitcoin assets but also accelerates the adoption and growth of the Sui network. Sui's sBTC innovation may become the core hub for future Bitcoin DeFi, opening new opportunities for global investors.