ChainCatcher reports that, according to CoinDesk, Threshold Network has launched tBTC on the Sui blockchain, where tBTC is an ERC-20 token backed 1:1 by Bitcoin, aimed at enhancing BTCFi in 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 accounting for more than 10% of the total locked value in the Sui ecosystem.





