OKX Banner
BTC $65,171.00 (+0.30%)
ETH $1,921.78 (+0.20%)
BNB $606.80 (+1.80%)
XRP $1.04 (-0.30%)
SOL $76.53 (+1.50%)
TRX $0.33 (+0.30%)
HYPE $54.47 (-0.30%)
DOGE $0.07 (-0.20%)
RAIN $0.01 (-0.50%)
LEO $9.72 (+0.20%)
ZEC $522.82 (+4.50%)
ADA $0.20 (-0.70%)
XMR $389.71 (+2.60%)
LINK $8.30 (-0.10%)
XLM $0.16 (-1.10%)
BCH $217.20 (+0.30%)
CC $0.10 (+9.30%)
GRAM $1.34 (-1.80%)
LTC $46.31 (+1.50%)
USDG $1.00 (+0.00%)

SUI Adds Support for sBTC and Stacks

Twitter icon  •  Published 1 year ago on May 2, 2025  •  Hassan Maishera

On Thursday, the Sui Foundation announced via X a blog post that it will support sBTC in the coming months, the one-to-one bitcoin-backed asset from Stacks, a leading Bitcoin Layer 2 network.

SUI Adds Support for sBTC and Stacks

On Thursday, the Sui Foundation announced via X a blog post that it will support sBTC in the coming months, the one-to-one bitcoin-backed asset from Stacks, a leading Bitcoin Layer 2 network.

This integration will enable holders to deploy their BTC into decentralized finance by leveraging Sui’s scalable, composable infrastructure, without relying on centralized custodians. Sui Foundation will also operate a validator on the Stacks network.

Sui is a Layer 1 blockchain designed to provide top-notch developer and user experiences backed by robust technological foundations. SUI is up 1% in the last 24 hours, trading at $3.4904 per coin.

KuCoin Lets Businesses Send Stablecoins via Redeemable Gift Cards
Next article KuCoin Lets Businesses Send Stablecoins via Redeemable Gift Cards
Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.