Apparently Bitcoin DeFi is failing, this isn't the story you'd expect to come to read given that Bitcoin is an asset worth over $1.19 trillion, why on God's green earth (as the saying goes), would people

Sui has been one of the shining stars of the previous bull market! The chain has grown in price and in activity as well. The SUI legacy is back in the days of Facebooks Libra experiment that has died.

Short answer is yes and the reason is quite simple: Stablecoins backed by the United States dollars account for a significant percentage of decentralized finance value flow and also it's debt. This means,