8h ago

Sui's Hashi Launches With $500M to Turn Bitcoin Into Productive DeFi Collateral Markets

Hashi, a cross-chain bridge project in the Sui ecosystem, has gone live. In its first phase, the project is bridging $500 million worth of Bitcoin to the Sui network. The goal is to make Bitcoin a yield-bearing collateral asset within DeFi protocols. The launch is intended to raise Bitcoin's capital efficiency in decentralized finance markets and expand Sui's on-chain locked value, while opening up non-custodial Bitcoin lending and yield use cases.

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DeFi

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