Threshold launches tBTC on the Sui blockchain
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.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BitMine increased its holdings by 102,259 ETH last week, bringing the total to over 3.967 million ETH.
Publicly listed company Marygold Companies launches oil Bitcoin strategy fund WTIB
Trending news
MoreCrypto prices
More
