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SUI implements BTC re-collateralization through SatLayer integration

Golden Finance reported that BTC’s use in Decentralized Finance will be expanded to the fast Layer 1 blockchain Sui, which was launched last year, announced by the SatLayer platform on Wednesday. SatLayer stated that, due to Sui’s focus on fast transaction speed, SatLayer’s integration will enable developers to leverage the $2.1 trillion market size of BTC to build DeFi applications aimed at excluding third parties from transactions and lending.

SUI-12.32%
BTC-6.95%
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DeanMzvip
· 2024-12-22 19:41
great news! time to buy more SUI
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