According to official announcements, the Hashi testnet for Bitcoin finance on the Sui ecosystem has officially launched. Hashi first debuted in March with the goal of unlocking a new way for BTC—enabling its value to be utilized on Sui without leaving the Bitcoin network. Hashi transforms dormant BTC into secure, programmable collateral assets for institutional-grade lending, financing, and credit services, with all operations verifiable on-chain. Developers can now connect to the Hashi testnet to build and stress-test Bitcoin-collateralized financial applications.
Sui Ecosystem Bitcoin Finance Platform Hashi Testnet Launches
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Summary
Bitcoin breaking news: The Hashi testnet, a Bitcoin finance platform on the Sui ecosystem, has launched. Introduced in March 2026, Hashi enables BTC to generate value on Sui without leaving the Bitcoin network. It transforms idle BTC into collateral for institutional lending and credit services, with all operations conducted on-chain. Developers can now test Bitcoin-backed financial applications on the Hashi testnet.
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