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
Stablecoin Supply on Polygon Surpasses $2.8 Billion, Reaching a Three-Year High
AI data layer startup Poseidon raises $15 million in seed funding
Trump plans to issue executive order to promote artificial intelligence development
Elon Musk’s allies are raising up to $12 billion to support the xAI chip project
Trending news
MoreCrypto prices
More
