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The minted amount of xBTC on Sui has exceeded 875, and xBTC will be listed on X Layer.

By: theblockbeats.news|2025/09/05 04:52:25

BlockBeats News, September 5th, OKX CEO Star posted on the X platform, stating that xBTC is unlocking Bitcoin liquidity for the on-chain world, with over 875 xBTC minted on Sui. Star emphasized that this is just the beginning, and now developers and users have a new way to participate in DeFi and earn more rewards through liquidity mining. Additionally, user @erikaleetv mentioned that providing liquidity to a specific xBTC-related pool can yield an APY of up to 77%.

Star revealed that "xBTC will soon launch on the X Layer and will collaborate with leading DeFi partners to drive this forward. The team's efforts in building have never stopped, and this is just the beginning, with more partners set to join."

U.S. SEC: Former Chairman Gary Gensler's Text Messages Permanently Lost Over 'Avoidable' Technical Glitch

Tether is in discussions to invest in the gold mining industry, currently holding a $8.7 billion worth of gold reserves.