Vavada Banner
BTC $78,467.00 (+0.24%)
ETH $2,312.94 (+0.33%)
XRP $1.39 (+0.17%)
BNB $618.64 (+0.52%)
SOL $83.98 (+0.04%)
TRX $0.34 (+2.18%)
DOGE $0.11 (+0.10%)
HYPE $41.02 (-1.90%)
LEO $10.32 (-0.18%)
ADA $0.25 (+0.08%)
BCH $444.32 (-0.96%)
XMR $391.47 (+1.50%)
LINK $9.14 (+0.55%)
ZEC $388.80 (+2.57%)
CC $0.15 (-0.04%)
XLM $0.16 (-0.23%)
LTC $55.06 (-0.66%)
AVAX $9.06 (-0.56%)
M $2.97 (-2.29%)
HBAR $0.09 (-0.11%)

SUI Adds Support for sBTC and Stacks

Twitter icon  •  Published 1 год назад 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.

CLARITY Act Headed to Senate Markup
Next article CLARITY Act Headed to Senate Markup
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.