Sui, the prominent L1 blockchain to boost digital asset possession, has announced a contemporary partnership with Bitlayer, a Bitcoin L2 and the pioneer Bitcoin VM for DeFi. The collaboration takes into story the blending of the BitVM bridge of Bitlayer into the Sui ecosystem to launch a Bitcoin-backed crypto token “Peg-BTC ($YBTC).” The platform announced this model on its reputable X story.
Bitcoin meets Sui DeFi.@BitlayerLabs is bringing Peg-BTC (YBTC) — a trust-minimized BTC asset powered by BitVM — to existence on Sui, giving hodlers yet one other decision for the expend of their BTC.
YBTC lets BTC holders faucet into staking, lending, procuring and selling, and more on Sui.
BTCfi on Sui… https://t.co/SdFLwOpgR4
— Sui (@SuiNetwork) Would possibly per chance well 15, 2025
Sui Integrates Bitlayer’s BitVM Bridge to Free up $YBTC
As a portion of this collaboration, Sui is integrating the BitVM bridge of Bitlayer to launch Peg-BTC ($YBTC). The advance permits these retaining $BTC coins to transact them into Sui by the expend of the BitVM bridge. On story of this integration, $YBTC will even be utilized correct thru the DeFi ecosystem of Su to get more yields.
Despite being dominant available within the market as a key retailer of ticket, Bitcoin lacks utility when it comes to decentralized finance (DeFi). Alternatively, the most recent integration affords a resolution for this by including the $BTC liquidity into the ecosystem of Sui. $YBTC strengthens customers to get yield parallel to asserting an unmediated publicity to Bitcoin’s ticket.
Riding Bitcoin’s Participation in DeFi Sector with Stable DeFi Operations
As per Sui, the BitVM-led zk bridge of Bitlayer is a lowering-edge instrument to facilitate true and efficient $BTC circulate onto various blockchain networks. Additionally, by staking $YBTC, the holders can generate considerable yields via various Bitcoin staking provider suppliers. Overall, this initiative is a necessary step to amplify Bitcoin’s participation within the DeFi world in an efficient and true draw.
