Threshold Network

You own Bitcoin. You want to continue owning Bitcoin, but you also need a steady cash flow. Pay your mortgage. Fund your business. Cover daily expenses. All without selling your Bitcoin.

In June 2025, Threshold Network's tBTC infrastructure made this possible. Through strategic partnerships and a 90-day incentive program, holders can now access dollar liquidity while keeping their Bitcoin. No selling. No centralized custody. Just math, protecting your keys.

Key June developments:

MUSD launched: 1% BTC loans using tBTC (150% collateral ratio)

Arbitrum: Curve tBTC/WBTC pool: Up to 4.33% CRV rewards

Base: Aerodrome tBTC/cbBTC pool: 7.78% AERO rewards

Re7 x Gearbox: Leverage opportunities now available for tBTC

Starknet: Direct minting of tBTC now live on L2

tBTC listings: Now available on Venus and Avnu

The MUSD Moment: Dollar Loans Using Bitcoin as Collateral

Convert to tBTC: Use Threshold's decentralized Bitcoin bridge—no single entity controls your funds. The 51-of-100 threshold system ensures true decentralization. Conversion rewards start immediately.

Mint MUSD: Lock tBTC as collateral at a 150% ratio. Get stablecoins worth 2/3 of your Bitcoin value. Only tBTC is accepted, ensuring trust-minimized infrastructure. Minting bonuses for early participants.

Use Your MUSD: Spend it. Lend it. Invest it. Pay real expenses with Bitcoin-backed dollars. Usage rewards compound over time.

Keep Bitcoin Exposure: Your Bitcoin still appreciates while you spend MUSD. No selling. No taxes. No loss of upside. Long-term position rewards maximize benefits.

The results speak clearly:

$500 million+ in total value locked through tBTC

5,244 tBTC actively circulating across 3,287 holders

$3.6 billion+ in cumulative bridge volume

Zero custody failures since 2020

Currently represents 3.9% of all Bitcoin on Ethereum

Why Mezo Chose tBTC Over Centralized Alternatives

When Mezo evaluated Bitcoin infrastructure for MUSD, they required something that aligned with their vision: no centralized custody, instant liquidity, and proven security. tBTC delivers this through distributed control, where no single entity can access the underlying Bitcoin. This makes MUSD truly decentralized. Real Bitcoin backs your loan with no centralized custody or single point of failure. This trust-minimized architecture matters because it enables true Bitcoin finance.

When Mezo launched MUSD on May 28, they chose tBTC as their exclusive Bitcoin infrastructure. The key: your Bitcoin never enters company custody. It remains secure by distributed signers using threshold cryptography.

On Mezo, Bitcoin is the native currency for gas and transaction fees. When you pay fees, your wallet displays "BTC" because that's what you're using; tBTC is integrated so deeply that it becomes invisible. Through MUSD, you can:

Business Operations: Pay salaries in dollars while keeping Bitcoin reserves

Real Estate: Use Bitcoin as collateral for property down payments

Personal Finance: Utilize your Bitcoin for daily expenses.

Investment Opportunities: Access instant liquidity during market opportunities

Mezo offers to lock tBTC as collateral at a 150% ratio, and get stablecoins worth 2/3 of your Bitcoin value, all while your Bitcoin continues to appreciate. This is Bitcoin working as both a store of value and a medium of exchange.

June's Yield Opportunities: Liquidity Pools, Lending Markets, and L2 Expansion

Threshold Network’s tBTC is also highlighting limited liquidity pool rewards on Base and Arbitrum as part of its ongoing efforts to incentivize decentralized Bitcoin adoption and deepen cross-chain DeFi liquidity. Liquidity Pool Rewards:

Arbitrum Curve tBTC/WBTC pool: Now offering 1.73% → 4.33% CRV rewards for liquidity providers [Access it here]

Base Aerodrome tBTC/cbBTC pool: Earning 7.78% AERO rewards for concentrated positions [Access it here]

These pools ensure deep liquidity for MUSD users converting between Bitcoin representations, with rewards making it attractive for liquidity providers while benefiting borrowers through better rates.

Re7 Capital and Gearbox Protocol deployed professional lending markets for tBTC. Users access structured strategies with up to 6x leverage on uptBTC positions. No lockups for lenders. Efficient capital for borrowers. Threshold's liquidity incentives ensure attractive opportunities for early participants.

Starknet users can now directly mint tBTC using the Threshold dApp. No bridge risks. No wrapped tokens. Just Bitcoin - secured by threshold cryptography, created where you need it. This positions tBTC as the native Bitcoin standard for Starknet's growing ecosystem. [X Post: https://x.com/TheTNetwork/status/1932799438185246951]

Venus Protocol brought tBTC to their $1.5 billion platform on BNB Chain. Their announcement: "Native BTC, bridged without middlemen, now participating in decentralized applications." Major platforms are choosing decentralized infrastructure over centralized alternatives. [X : https://x.com/VenusProtocol/status/1933560871684616461]

Avnu integrated Starknet tBTC for optimal liquidity routing across Starknet. As they noted: "Bitcoin on Starknet. Starknet on Bitcoin. Day by day, it's becoming real."https://x.com/avnu_fi/status/1933438024496377953

$100M+ in June Integrations Choose Decentralization with tBTC

June's adoption wave demonstrates the market's preference for proven infrastructure. While newer bridges promise theoretical benefits, protocols building real products need demonstrated reliability:

Mezo built their entire Bitcoin finance vision on tBTC

Venus evaluated all options for its $1.5B platform

Gearbox brought a professional trading infrastructure

Starknet chose tBTC for native L2 integration

Each chose Threshold's battle-tested infrastructure over alternatives. The common thread: proven security, established track record, and true decentralization.

Access MUSD Loans, Gearbox Markets, and L2 Minting Today

The infrastructure is operational. The incentives are active. Bitcoin holders have concrete choices: Through Threshold Network's tBTC, you can access MUSD loans without selling Bitcoin. Participate in professional lending markets. Move seamlessly across chains. Earn rewards for early adoption. All while maintaining complete sovereignty—your keys, your coins, always.

Arbitrum Curve tBTC/WBTC pool: [Access it here]

Base Aerodrome tBTC/cbBTC pool: [Access it here]

Re7 Capital and Gearbox Protocol: [Click here]

Starknet Direct Minting (Connect a Starknet wallet) : [Click here]

Venus Protocol tBTC Listing: [Click here]

Avnu tBTC Listing: [Click here]

June 2025 marked the moment Bitcoin became both pristine collateral and functional money. Not through promises or theory, but through a working infrastructure that secures over half a billion dollars. The impossible choice between holding and using? Eliminated.

Welcome to the Bitcoin Standard for DeFi, powered by Threshold Network.

Start today: Threshold Website | Threshold dApp | Documentation

Disclaimer: The information provided is for educational purposes only and does not constitute financial, investment, or legal advice. Investing in cryptocurrency and digital assets involves a high degree of risk. Always conduct your research and consult with a licensed financial advisor before making any investment decisions.

The tBTC x Starknet Opportunity

While we've successfully deployed tBTC across multiple ecosystems, Starknet presents a unique proposition: zero-knowledge proofs that compress thousands of transactions into one.

The result?

ZK-enabled Bitcoin on Starknet: ultra-low-cost transactions secured by trust-minimized cryptography.

For context: Users currently pay on average $1.49 on Bitcoin mainnet. On Ethereum, moving tBTC costs $2-$10 in normal conditions, spiking to $50+ during congestion. On Starknet, these transaction costs average around $0.01

Why Starknet, and Why Now?

Three factors drove this integration:

Technical Alignment

Starknet's STARK proofs share our philosophy: math over trust. Their cryptographic approach to scaling mirrors our approach to custody. It means relying on mathematical proofs and algorithms, not trusted third parties, to guarantee security, correctness, and system behavior.

Ecosystem Readiness

With $547M TVL and 11,000 daily users, Starknet has reached critical mass. More importantly, tBTC's launch partners, such as Ekubo, control a significant portion of the trading volume on Starknet, and Vesu (coming soon) has emerged as the preferred lending protocol for tBTC on Starknet. The infrastructure exists. It just needed better Bitcoin liquidity and its capacity to be used in the Starknet Defi ecosystem.

Cost Revolution

In times of high congestion, we've seen users pay hundreds of dollars in fees for complex DeFi operations. On Starknet, those same operations cost a fraction of the transaction fees on the Bitcoin mainnet. This isn't an incremental improvement. It's a paradigm shift in what's possible with Bitcoin.

Launch Partners: Opportunities to Explore

With the launch of tBTC on Starknet, Threshold Network is building the foundation for a Bitcoin-Ethereum economy within a scalable, zero-knowledge environment. tBTC is integrating with Starknet’s most prominent protocols to bring trust-minimized Bitcoin liquidity to trading, borrowing, and more.

Live on Launch: DEX Trading on Ekubo - Native Starknet DEXs enable deep, efficient trading of tBTC against select pairs. Users can deploy assets with minimal slippage and explore high-frequency strategies at significantly lower costs.

Coming Soon: tBTC Lending on Vesu - Soon, users will be able to borrow against their tBTC positions without relinquishing custody. This integration mirrors the success of tBTC on Ethereum, where over 25% of the supply is locked in Aave.

What excites us: The architecture on tBTC on Starknet enables experiments impossible on monolithic lending protocols or on slow and costly chains. Think tBTC backed stablecoin minting, yield splitting, and automated strategies.

Real World Impact

Let's talk about what becomes possible:

The Arbitrage Game Changes

Our community of traders identifies price discrepancies across various networks. At $1.49 per Bitcoin transaction, small arbitrage opportunities aren't profitable. On Starknet at $0.01, even tiny price differences become viable. Expect tBTC price parity to tighten significantly.

Applications We Couldn't Build Before

Developer communities have proposed Bitcoin-powered gaming, streaming payments, and automated strategies. Those projects will now have more potential to become a reality.

Technical Architecture

For builders in our community, here's what makes Starknet special:

Zero-Knowledge Advantages

tBTC is also aiming to tap into purpose-built ZK that enables complex math operations at minimal cost, native account abstraction where every wallet is smart, and provable computation to verify execution happened correctly.

Direct Minting

We've implemented native minting on Starknet via the Threshold UI. Deposit Bitcoin and receive tBTC on Starknet. The system generates a Starknet-specific deposit address linked to your wallet.

Bridge from Ethereum L1 to Starknet

Users can bridge existing tBTC from Ethereum L1 to Starknet via the official StarkGate bridge, offering even more flexibility for Bitcoin holders to participate in Starknet DeFi.

Security Model

Starknet inherits Ethereum’s security via STARK proofs settled on-chain. For the Threshold community, this means secure, low-cost tBTC transactions, fully aligned with our trust-minimized ethos.

Launch Week Action Items

For Bitcoin and tBTC Holders:

Direct Minting from BTC to tBTC (Starknet): https://dashboard.threshold.network/tBTC/mint

Bridge tBTC from Ethereum L1  to Starknet: https://starkgate.starknet.io/ethereum/bridge?mode=deposit

Go to Ekubo for high-efficiency DEX deep liquidity pools for tBTC pairs

For the Curious:

Read the full article feature of this launch on BeInCrypto: https://beincrypto.com/threshold-labs-btc-starknet/

Participate in upcoming campaigns between Threshold and Starknet communities. A Galxe campaign will run for 3 weeks, from June 12 to July 3, 2025.

Stay on the lookout for liquidity incentives on select Starknet protocols and Threshold Partner or Affiliate Apps.

What the Future Holds: Threshold x Starknet

This launch represents months of work by our core team and Starknet contributors. Special recognition to our signers who upgraded the infrastructure to support Starknet's unique requirements.

What excites us most isn’t just slashing Bitcoin transaction costs from $1.49 to $0.01 with tBTC on Starknet. It’s the explosion of creativity our Threshold community will unleash now that Bitcoin DeFi is truly practical. 

The infrastructure is live. The partners are ready.

Let's see what happens when we unlock Bitcoin's full potential.

Disclaimer: The information provided is for educational purposes only and does not constitute financial, investment, or legal advice. Investing in cryptocurrency and digital assets involves a high degree of risk. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.