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SUI Adds Support for sBTC and Stacks

Twitter icon  •  Published för 1 år sedan 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.

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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.