The Good Tech Companies - Threshold Network's tBTC Is Now Live On Sui: Ushering In a New Era For Bitcoin DeFi

Starting point is 00:00:00 This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Threshold Networks' TBTC is now live on Sway. Ushering in a new era for Bitcoin DeFi, by Chainwire. Texas, United States, July 9, 2025, Chainwire Key Takeaways. Resolving Bitcoin's utility paradox. TBTC on Sway eliminates the choice between security and utility. Web3 benefits with Web2Es. Experience Bitcoin DeFi with 400 milliseconds finality and near zero fees on Sway's high

Starting point is 00:00:33 performance network. Unprecedented capital efficiency. Bitcoin liquidity flows freely across an ecosystem of protocols, maintaining deep liquidity without fragmentation. Complete Bitcoin DeFi Suite. Immediate access to trading, lending, and leveraged DeFi strategies through TBTC, backed by one-to-one real Bitcoin. TBTC meets Sway.

Starting point is 00:00:56 Liberating Bitcoin from digital vaults threshold and Sway have announced a major integration to bring TBTC, the leading decentralized Bitcoin asset, to the Sway blockchain, engineered for mass adoption. This collaboration unlocks access to over $500 million in Bitcoin liquidity for Sway's high-performance DeFi ecosystem, known for its near-zero fees, sub-second finality, and exceptional capital efficiency. Threshold Networks' TBTC is a decentralized, trust-minimized on-chain version of Bitcoin that preserves Bitcoin's core principles while enabling liquidity across DeFi ecosystems.

Starting point is 00:01:32 Now live on Sway, TBTC empowers users to trade, lend, and engage in advanced DeFi strategies within a secure, scalable environment, with transaction finality as fast as 400 milliseconds. Sway will be the first non-EVM chain to support direct minting on the Threshold app, expanding accessibility and reinforcing its position as a premier destination for Bitcoin liquidity. On Sway, TBTC can participate in DeFi strategies within a high-speed, scalable environment, from trading and lending to more specialized use cases, such as serving as collateral on protocols like bucket, while preserving its core properties. Greater than, Bitcoin was designed to be used, not locked away, says Kalan, SAP, Sare, greater

Starting point is 00:02:15 than co-founder and CPO at Threshold Labs. With TBTC on sway, we're combining the greater than security of threshold cryptography with a high throughputthroughput network to create a greater-than-new standard for Bitcoin utility. The integration will expand SWAY's growing Bitcoin ecosystem across four SWAY-native protocols. Bluefin. Trade TBTC across select pairs and unlock additional APR rewards. Bucket. Save, spend, and explore Bitcoin-powered DeFi with ease.

Starting point is 00:02:45 Alpha-Lend. Access advanced lending pairs and APR% rewards by supplying TBTC. Alpha-FI. Enable high-leverage BTC DeFi strategies with auto-looping vaults. Additionally, users can also mint TBTC directly on Sway via the Threshold Dapp, providing a secure and easy access point to BTCFI. Key benefits of TBTC on SWAY include Sub-second finality Transactions complete in 400 milliseconds

Starting point is 00:03:15 Eliminate fragmentation Move Bitcoin seamlessly between protocols with near zero fees True sovereignty No reliance on centralized custodians. Web3 Power. Web2UX. Fast, cheap, and user-friendly. Lastly, Wormhole will serve as the key interoperability provider for TBTC's expansion to the SWAY network. A dedicated bridge enabling users to move TBTC from other networks to SWAY will soon be available on the portal website. This integration will streamline cross-chain activity, making it easier for users to access Bitcoin DeFi across various ecosystems, including Sway, Ethereum, and others.

Starting point is 00:03:55 We're excited to support Bitcoin's growth on Sway through Wormhole's cross-chain infrastructure, said Robinson Berkey, co-founder of Wormhole. This integration advances Bitcoin's interoperability and unlocks new DeFi opportunities while preserving the security and decentralization users expect. Enhanced Bitcoin DeFi experience Bitcoin DeFi is thriving on Sway, with a significant portion of Sway's TVL now composed of BTC-backed assets. Since February 2025, a substantial amount of Bitcoin volume has flowed into Sway native protocols. The integration of TBTC will strengthen this ecosystem by

Starting point is 00:04:31 unlocking seamless Bitcoin liquidity on Sway through direct TBTC minting, supporting leveraged DeFi strategies without compromising decentralization, delivering frictionless DeFi interactions backed by industry-grade infrastructure. As the world's most valuable digital asset gains momentum and utility, Bitcoin expands beyond serving as a store of value to power decentralized finance DeFi applications. Strategic three-month campaign to support the launch of Freshhold's TBTC on Sway. Freshhold and Sway are kicking off a three-month campaign to facilitate long-term adoption. The initiative includes protocol-level developer support and ecosystem-wide activations to

Starting point is 00:05:12 ensure the Bitcoin standard flourishes in modern DeFi applications. This ALSA includes limited-time incentives on select Sway DeFi protocols, namely Bucket, Alphalend, and Blufin. BTC is expected to bring a massive amount of Bitcoin liquidity to sway, creating a bridge that truly matters for institutions and everyday people who love Bitcoin, said Adeni Abiodun, co-founder and chief product officer at Meisten Labs, the original contributors to sway. This integration opens another door to accessible, sovereign BTCFI participation. Getting involved Bitcoin was never meant to sit idle.

Starting point is 00:05:48 With TBTC on Sway, it won't have to. Userscan get involved in this campaign by Direct minting of TBTC on Sway via threshold DAP https://dashboard Threshold Network TBTC Mint How to Mint TBTC to Sway Tutorial and other quests. https://app.galax.com.quest.freshhold.https.com.cp.app.galax.com.quest.blufin. Experience Fluid Trading on Blufin Decks. https://trade.blufin.O. Deposit 0x86A297256529521B4A5F2B619D4EE94286A52BCDF6BBB2A68F98D0F67221B098 Access TBTC lending options through AlphaLend. https://trade.

Starting point is 00:07:07 Bluefin, IO, Lend, Transform idle BTC into everyday utility with bucket. Automate complex Bitcoin strategies with AlphaFI. Learn more about SWAY and the Threshold Network at SWAY. ioandhttps://threshold.network, or follow them on X at at SWAY Foundation IOANDHTTPS colon slash slash threshold network or follow them on X at at SWAY foundation and at Thetnetwork. About Threshold Network Threshold Network is the decentralized protocol behind TBTC, a full and non-custodial, 1-to-1 Bitcoin-backed asset secured by a 51-of-100 threshold signer model. TBTC enables native BTC to move across chains like Ethereum, Base, Bob, and Arbitrum without requiring custodians or compromising security.

Starting point is 00:07:51 With over $500 million in TVL and over $3.00. 6B in Bridge Volume, threshold offers the most battle-tested, trust-minimized Bitcoin infrastructure in DeFi. For more information about Threshold Network, users can visit https://threshold.network. About SwaySway is a first-of-its-kind layer-1 blockchain and smart contract platform designed from the ground up to make digital asset ownership fast, private, secure, and accessible to everyone. Its object-centric model, based on the move programming language, enables parallel execution, sub-second finality, and Roshan chain assets. With horizontally scalable processing and storage, Sway supports a wide range of applications with unrivaled speed at low cost. Sway is a step-function advancement in blockchain, providing a platform on which creators and

Starting point is 00:08:44 developers can build amazing, user-friendly experiences. For more information about Sway, users can visit https://sway.io. Disclaimer This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from those discussed. Nothing in this press release should be considered investment advice. CONTACTRC Threshold Contact at TNetwork Labs Com This story was published as a press release by Chainwire under Hacker Noon's Business Blogging

Starting point is 00:09:17 Program. Thank you for listening to this Hacker Noon story, read by Artificial Intelligence. Visit hackernoon.com to read, write, learn and publish.

The Good Tech Companies - Threshold Network's tBTC Is Now Live On Sui: Ushering In a New Era For Bitcoin DeFi

There aren't comments yet for this episode. Click on any sentence in the transcript to leave a comment.