Sui Integrates Native Bitcoin Collateral with Hashi Lending Primitive

Sui's blockchain is expanding its DeFi ecosystem with a new lending primitive called Hashi. This feature will allow users to deposit native Bitcoin as collateral without wrapping or bridging.

According to an announcement on X, the global testnet launch for Hashi is imminent. This signals a significant step towards integrating Bitcoin into Sui's lending infrastructure.

The introduction of native Bitcoin collateral addresses a key pain point for institutional investors: the lack of trust in wrapped or bridged Bitcoin. Traditional methods often involve wrapping assets, which introduces counterparty risk and centralization concerns.