Sui implements Bitcoin re-mortgage through integration with SatLayer
The Bitcoin re-pledging platform SatLayer announced on Wednesday that it will extend the use of Bitcoin in decentralized finance to the fast first-layer blockchain Sui, which was launched last year. In a statement, SatLayer said that because Sui focuses on fast transaction speeds, SatLayer's integration will enable developers to leverage Bitcoin's $2.1 trillion market size to build DeFi applications. These applications aim to exclude third parties from transactions and lending in various fields.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bridgewater Capital Founder: SOL Will Surpass ETH
Total Open Interest in Bitcoin Contracts Across the Entire Network Reaches $69.39 Billion
Israel expects the United States to decide on striking Iran within 24 to 48 hours
Arkham: BlackRock Has Purchased Over $750 Million Worth of ETH in June
Trending news
MoreCrypto prices
More
