Express
Threshold Network Launches tBTC on Sui Blockchain
Summary: Threshold Network has launched tBTC on the Sui blockchain, a ERC-20 token backed 1:1 by Bitcoin, aimed at enhancing 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, with BTC-backed assets currently representing over 10% of the ...
Threshold Network has launched tBTC on the Sui blockchain, a ERC-20 token backed 1:1 by Bitcoin, aimed at enhancing 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, with BTC-backed assets currently representing over 10% of the total locked value in the Sui ecosystem. (CoinDesk)
