🚀 Bitcoin Enters a New Era: Threshold’s tBTC Launches on Sui, Unlocking Massive DeFi Potential
Decentralized finance for Bitcoin just took a giant leap—tBTC now live on Sui Blockchain
The DeFi world is witnessing a pivotal shift as tBTC, the decentralized and censorship-resistant version of Bitcoin developed by Threshold Network, is now officially live on the Sui blockchain, a move that marks a new chapter for Bitcoin’s integration into smart contract ecosystems.
tBTC acts as a 1:1-backed wrapped Bitcoin (BTC), providing holders of Bitcoin with access to decentralized finance protocols without having to trust centralized bridges or custodians. Its deployment on Sui is more than just another token integration—it’s a bold move that brings the Bitcoin (BTC/USD) asset into an environment built for scalability and composability.
Threshold Network (no ticker as it's a protocol, built on Ethereum) has designed tBTC to be decentralized from the ground up. Unlike wBTC (wrapped Bitcoin), which is centrally controlled and issued, tBTC uses threshold cryptography and a decentralized custody model. This ensures that no single party has control over the minted tokens, and the original Bitcoin is safely stored in a decentralized multi-sig wallet.
Sui, developed by Mysten Labs, is a Layer 1 blockchain known for its object-oriented architecture and high throughput, making it ideal for complex DeFi applications. The tBTC integration allows Bitcoin holders to participate in the growing Sui DeFi ecosystem, which already includes DEXs, lending protocols, and yield farms—all while maintaining exposure to the value of BTC.
This announcement has generated buzz across crypto Twitter and DeFi circles, as Bitcoiners now gain access to a permissionless environment without compromising on decentralization or custody. Analysts and builders alike are calling this a “watershed moment” for cross-chain finance, especially since it allows Bitcoin to be used in applications traditionally dominated by Ethereum-native assets.
The tBTC token is now fully operable on Sui via bridges supported by Wormhole and Celer Network, with initial integrations announced with protocols such as Aftermath Finance and DeepBook, which will provide immediate liquidity and trading pairs for tBTC on Sui.
At a time when Bitcoin is trading near $58,000, and DeFi TVL (Total Value Locked) across all chains is rebounding past $90 billion, the arrival of decentralized Bitcoin in a fast, low-cost Layer 1 like Sui could not be better timed. It's a signal that DeFi is evolving beyond its Ethereum-centric roots and into a truly multi-chain future.
Crypto investors and developers who previously dismissed Bitcoin as "inert" in the DeFi world may now need to reconsider their stance. With tBTC now active on Sui, the world's largest digital asset is finally ready to go to work.