AI TRENDS | Sui Foundation and Mysten Labs Launch Hashi Testnet for Bitcoin-Backed Lending
2026-07-24 11:42:59
Sui Foundation and Mysten Labs launched the Hashi testnet on July 22, with more than 25 institutional partners taking part in testing Bitcoin-backed lending and credit applications. According to NS3.AI, Hashi is designed to let BTC serve as on-chain collateral without wrapping Bitcoin into synthetic tokens or moving Bitcoin across chains. The project has not announced a mainnet launch date.
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