Sui’s Hashi aims to let users put Bitcoin to work as collateral in Sui-based finance, backed by more than $500 million in commitments from over 20 firms. But those pledges are not deposits—and custody, security and reliable withdrawals still need to be proven in live use.
Read Full Article
Hashi has launched a Sui testnet for a native Bitcoin-backed lending system aimed at institutional credit markets, using actual BTC collateral, hBTC receipts, and a Guardian Layer for risk control. The pitch: make Bitcoin productive without turning it into another wrapped-token gimmick.
Read Full Article
Sui has launched the Hashi testnet to build native Bitcoin finance onchain, including BTC-backed lending, borrowing, and credit products. With a new Guardian Layer for security and a debated tax angle, the real question is whether this can move from slick pitch deck to real production.
Read Full Article