Threshold launches tBTC on the Sui blockchain
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2025/07/07 16:09According to ChainCatcher, as reported by CoinDesk, Threshold Network has launched tBTC on the Sui blockchain. tBTC is an ERC-20 token backed 1:1 by Bitcoin, designed to enhance BTCFi within the Sui ecosystem.
This integration allows users to mint tBTC directly on Sui, potentially adding over $500 million in Bitcoin liquidity to the Sui network. Currently, BTC-backed assets account for more than 10% of the total value locked in the Sui ecosystem.
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