BREAKING 🚨
Sui unveils Hashi, a protocol that lets Bitcoin holders pledge BTC as collateral without ever leaving the Bitcoin chain 🚀.
The Layer‑1 network will power the service with a suite of on‑chain smart contracts that lock BTC in a trustless vault while issuing wrapped exposure for lenders. Early backers have already pledged $500 million in commitments, signaling strong institutional appetite. Hashi aims to streamline Bitcoin‑backed credit, cutting custody risk and reducing transaction latency. Analysts expect the new tool to boost Bitcoin’s utility in DeFi and attract fresh capital to the ecosystem.
The rollout positions Sui as a key infrastructure player in the next wave of crypto lending 📈.
$OGN, $RLC, $OGN
Sui unveils Hashi, a protocol that lets Bitcoin holders pledge BTC as collateral without ever leaving the Bitcoin chain 🚀.
The Layer‑1 network will power the service with a suite of on‑chain smart contracts that lock BTC in a trustless vault while issuing wrapped exposure for lenders. Early backers have already pledged $500 million in commitments, signaling strong institutional appetite. Hashi aims to streamline Bitcoin‑backed credit, cutting custody risk and reducing transaction latency. Analysts expect the new tool to boost Bitcoin’s utility in DeFi and attract fresh capital to the ecosystem.
The rollout positions Sui as a key infrastructure player in the next wave of crypto lending 📈.
$OGN, $RLC, $OGN