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Crypto DeFi

Sui Says Hashi Mainnet Will Bring $1.5T Idle Bitcoin Into Sui Finance

Sui said on X that more than $1.5 trillion in bitcoin sits idle because using it typically means handing it to someone else. Its Hashi protocol will keep BTC on the Bitcoin network while opening financial services on Sui, with the Hashi mainnet set to launch soon. No launch date was given.

Original source

AI take

The pitch is about custody, not yield: Hashi's claim to keep BTC on Bitcoin while unlocking Sui services tries to separate Bitcoin's security model from the counterparty risk that has historically accompanied putting it to work. That distinction matters most for holders who have avoided wrapping or lending because it means surrendering control of the asset. Watch whether the design delivers verifiable Bitcoin-side settlement rather than a trusted bridge in practice, and whether a launch timeline firms up; an unspecified date leaves the harder questions open.

Generated by AI for reference only.

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