Sui Integrates sBTC and Supports Stacks to Boost Institutional BTC DeFi
02.05.2025 06:50
Sui is set to integrate sBTC and support the Stacks (STX) network, positioning itself as a leading hub for institutional-grade Bitcoin DeFi. According to a May 1 blog post by the Sui Foundation, the integration will enable users to access advanced DeFi opportunities such as lending, borrowing, and trading using Bitcoin as an active asset. Sui will also operate a validator on the Stacks network, further strengthening the connection between the two ecosystems. The move comes amidst rapidly growing DeFi activity on Sui, with its total value locked rising by 50% in the past month to $1.8 billion. Institutional momentum is also gathering, highlighted by Grayscale’s launch of the SUI Trust and new partnerships enabling SUI usability across Europe via a Mastercard-enabled virtual card. This development is seen as a significant step towards unlocking Bitcoin’s dormant capital into high-performance DeFi infrastructure.
The integration is likely to have a positive impact on SUI's price as it bolsters the platform's DeFi capabilities and attracts institutional interest. Factors such as increased TVL, validator operations on Stacks, and partnerships with established financial entities are expected to drive short-term bullish momentum, with long-term growth supported by expanding use cases and improved network utility.
With Sui supporting the Stacks network, STX may benefit from enhanced interoperability and utility in Bitcoin DeFi. The increased engagement between the two ecosystems could promote greater network usage, generating positive price sentiment. In the short term, adoption momentum is anticipated to elevate STX’s trading dynamics, while long-term benefits may derive from a broader DeFi market expansion.
Sources
Sui Embraces Bitcoin DeFi With sBTC and Stacks Validator Integration
crypto-news-flash.com
03.05.2025 07:02
Sui Unveils $sBTC Integration for Advanced Bitcoin Finance
altcoinbuzz.io
02.05.2025 10:02
Sui to integrate sBTC and Stacks to power institutional-grade BTCfi
crypto.news
02.05.2025 05:48
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