Bitcoin-Backed YBTC Lands on Sui as Bitlayer Deploys BitVM Bridge—DeFi’s Latest Cross-Chain Gambit

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2025-05-15 13:00:00

Bitcoin Backed Token YBTC Comes to Sui as Bitlayer Integrates Its BitVM Bridge to Sui Network

Sui Network just got a heavyweight crypto contender. Bitlayer’s Bitcoin-backed YBTC token is crossing over via their new BitVM bridge—because what’s Web3 without another wrapped asset?

The move lets Bitcoin holders tap into Sui’s high-speed ecosystem without selling their OG crypto. Bitlayer claims their two-way bridge maintains ’near-native’ security. Traders remain skeptical—after all, bridges remain crypto’s favorite exploit buffet.

This marks Sui’s latest play for Bitcoin liquidity. The network’s been aggressively courting BTC-centric projects, betting big on institutional crossover. Will it work? Maybe. But as any degens knows: in crypto, bridges either print money or collapse spectacularly. No third option.

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