Programmable BTC is now a reality.

The Sue Foundation has announced a partnership with Babylon Labs, Lombard Protocol and Cubist to integrate Bitcoin into the Sue ecosystem.

This collaboration brings programmable Bitcoin functionality to Sui and leverages the high-performance Layer-1 (L1) blockchain to unlock Bitcoin's $1.8 trillion decentralized finance (DeFi).

Unlocking the potential of Bitcoin on Sui

This development marks an important moment for both Bitcoin (BTC) holders and the wider blockchain community. Bitcoin's security and liquidity, combined with Sui's programmability and integration, could redefine how digital assets interact in decentralized systems.

Starting in December, Bitcoin owners will be able to share their BTC via the Babylon Staking Protocol. In return, they receive LBTC, which the Lombard protocol triggers on Sui. LBTC, already a cornerstone of the Ethereum DeFi ecosystem, has surpassed $1 billion in mined assets. It is actively used in loan, credit and business applications.

This initiative aims to replicate and scale this success on Sui, with LBTC becoming a major resource in the DeFi ecosystem. By depositing their BTC, users can unlock the value without sacrificing liquidity or security. This fits with the growing trend of integrating Bitcoin into programmable ecosystems.

“Bringing BTC to Sui is a match made in heaven. Thanks to this collaboration, users from all blockchain ecosystems can come to Sui to participate in a thriving financial ecosystem where Bitcoin plays a key role,” said Jamiel Khalfan, Head of Ecosystem Development at Sui Foundation.

Cubist, a novel infrastructure provider, ensures seamless integration with a robust framework for deposit, control, construction and bridging. Babylon Labs and Lombard have already demonstrated the liquid power of Bitcoin on Ethereum, and now this success is being extended to Sui. Building programmable Bitcoin use cases, Babylon Labs co-founder and CTO Fisher Yu emphasized his vision.

“Babylon builds native use cases for BTC to bring Bitcoin security and liquidity to decentralized systems. We are very excited to make this a reality on Sui,” said Yu.

The integration aligns perfectly with Sui's mission to leverage digital assets. Combining the unparalleled liquidity of Bitcoin with the efficiency of the Sui program, this partnership has the potential to drive adoption. It can attract developers, users and institutional players to the Sui ecosystem.

The growing Sui ecosystem

The Sui ecosystem is evolving, with key developments cementing its reputation as a top-tier blockchain. Among these is his recent strategic partnership with international investment firm Franklin Templeton. The partnership will explore blockchain-based financial market solutions. This collaboration demonstrates Sui's commitment to integrating traditional finance (TradFi) with blockchain technology.

Similarly, novel use cases of the network have come into focus since then. BeInCrypto reports that Chirp has launched the first Decentralized Physical Infrastructure (DePIN) game on Sui, reflecting its versatility. This play-to-earn model combines blockchain technology with real-world applications to increase user engagement.

However, the Sui Foundation's achievements have been commendable, but the road has not been without its ups and downs. Recently, Sui experienced a network outage due to a bug that temporarily interrupted operations.

The Foundation has taken swift action to address the issue, demonstrating its commitment to reliability and transparency. However, this event serves as a reminder that even leading blockchain platforms must prioritize robustness and scalability.

As Sui taps into Bitcoin's massive liquidity, the ecosystem is poised for massive growth. Collaborations with Babylon Labs, Lombard and Cubist enhance Sui's DeFi offerings while setting the standard for functionality and innovation on blockchain platforms.

Despite the news of this merger, Sui's powerhouse token SUI is down nearly 6% since the open of Tuesday's session. According to BeInCrypto data, SUI is trading at $3.22 as of press time.