PANews reported on September 5th that OKX CEO Star stated in a post on the X platform that xBTC is releasing Bitcoin liquidity for the on-chain world, with over 875 coins minted on Sui. Star emphasized that this is just the beginning, saying that developers and users now have a new way to participate in DeFi and gain more returns through the release of liquidity. Furthermore, according to user @erikaleetv, users who provide liquidity to designated xBTC-related pools can earn an annualized return of up to 77%.

Star revealed that xBTC will soon be listed on the X Layer and will be working with leading DeFi partners to promote it. Team building never stops, and this is just the beginning, with more partners coming soon.