Threshold Network launches tBTC on Sui blockchain

Odaily News Threshold Network launches tBTC on the Sui blockchain, an ERC-20 token backed 1:1 by Bitcoin, designed to enhance BTCFi in the Sui ecosystem. The integration allows users to mint tBTC directly on Sui, potentially adding more than $500 million in Bitcoin liquidity to the Sui network, with BTC-backed assets currently accounting for more than 10% of the total value locked in the Sui ecosystem. (CoinDesk)