Threshold Network's tBTC Is Now Live On Sui: Ushering In a New Era For Bitcoin DeFi

This story was originally published on HackerNoon at: https://hackernoon.com/threshold-networks-tbtc-is-now-live-on-sui-ushering-in-a-new-era-for-bitcoin-defi . With horizontally scalable processing and storage, Sui supports a wide range of applications with unrivaled speed at low cost. Sui is a step-function advancemen Check more stories related to web3 at: https://hackernoon.com/c/web3 . You can also check exclusive content about #web3 , #threshold-network , #chainwire , #press-release , #threshold-network-announcement , #blockchain-development , #crypto-exchange , #good-company , and more. This story was written by: @chainwire . Learn more about this writer by checking @chainwire's about page, and for more stories, please visit hackernoon.com . Threshold Network’s tBTC is a decentralized, trust-minimized onchain version of Bitcoin that preserves Bitcoin's core principles while enabling liquidity across DeFi ecosystems. On Sui, tBTC empowers users to trade, lend, and engage in advanced DeFi strategies within a secure, scalable environment. Sui will be the first non-EVM chain to support direct minting of tBTC on the Threshold app.