tBTCtBTC is an ERC-20 token backed 1:1 by Bitcoin, developed by the Threshold Network. It offers a trustless, non-custodial bridge for BTC using threshold cryptography, distinguishing it from centralized alternatives like wBTC. Upgraded to v2, it supports decentralized Bitcoin in DeFi across chains.
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COINTELEGRAPH
Threshold: Upgraded bridge to funnel $500B institutional BTC into DeFi
Threshold upgraded its tBTC bridge, enabling institutions to mint/redeem tBTC in one BTC transaction with no gas on multiple chains to boost BTC in DeFi
THEDEFIANT
Institutions Want Bitcoin Yield — Threshold Is Building the Bridge
Interview: Threshold (TBTC) builds hybrid custody to link institutional Bitcoin treasuries and DeFi, competing with WBTC; Aave signals, governance, roadmap
COINNESS
tBTC nears $1M TVL on Sui within 24 hours of launch
Sui Network announced tBTC by Threshold Network reached nearly $1M TVL within 24 hours of launching on Sui blockchain.