The Sui Foundation has officially introduced Hashi, a decentralized primitive designed to integrate native Bitcoin into the Sui ecosystem. This new protocol aims to facilitate BTC-backed lending and unlock diverse yield-generating opportunities for participants. Hashi is specifically tailored to serve both institutional and retail users through compliant, on-chain financial services. The development network (devnet) for the protocol is scheduled to go live on March 19, 2026. By bridging Bitcoin’s massive liquidity into its network, Sui seeks to enhance its decentralized finance (DeFi) capabilities significantly. This integration is expected to boost the network's Total Value Locked (TVL) and drive broader institutional adoption of the SUI blockchain.
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