Water Brother News 💦 According to ChainCatcher citing a report from CoinDesk, Threshold Network has launched tBTC on the $SUI blockchain. tBTC is an ERC-20 token backed 1:1 by Bitcoin, aimed at strengthening BTCFi within the $Sui ecosystem.

This integration allows users to mint tBTC directly on $SUI , potentially bringing over $500 million in Bitcoin liquidity to the Water Network. Currently, Bitcoin-backed assets account for more than 10% of the total locked value in the Water ecosystem. #sui