tBTC TBTC

1 · Decentralized Finance · Ethereum Ecosystem

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TBTC is a wrapped Bitcoin token issued by Threshold Network, representing native BTC locked on the Bitcoin blockchain in a 1:1 ratio. It is used as collateral in lending markets, for liquidity provision, and for DeFi participation across Ethereum and multiple chains. The protocol secures deposited Bitcoin through threshold cryptography distributed across a rotating set of independent node operators, eliminating any single custodian.