Threshold's Bitcoin Backed tBTC Debuts on Sui, Unlocking $500M in Liquidity

coindesk.com/markets/2025/07/07/threshold-s-bitcoin-backed-tbtc-debuts-on-sui-unlocking-usd500m-in-liquidity

Threshold Network's tBTC, an ERC-20 token backed 1-to-1 by bitcoin (BTC), debuted on Sui on Monday as Threshold looks to expand BTCFi in the Sui ecosystem.
The collaboration enables users to deposit their BTC on Sui and mint tBTC, potentially adding over $500 million worth of bitcoin…

This story appeared on coindesk.com, 2025-07-07 15:00:00.
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