- Sui Network now supports TBTC -Minting, giving Bitcoin holders access to Defi tools such as borrowing and native action.
- The integration uses threshold cryptography and fast L1 performance, which improves decentralized Bitcoin utilities on SUI.
The SUI network is increasingly confident in challenging Defi’s dominance in the crypto industry. From the beginning of July Bitcoin owners can convert their BTC directly into TBTC into the SII network. Due to the integration of the threshold network, TBTC is present as a tokenized version of Bitcoin that is fully supported 1: 1, without first having to go through Ethereum.
Sui Network opens the door for BTC holders to effortlessly become a member of Defi
The presence of TBTC on Sui is not just a patchwork of functions. This is the answer to the long-term needs of BTC users who want access to Defi without burning to various networks without expensive gas costs. With TBTC that can be requested directly on SUI, users can benefit from functions such as trade, loans and borrowing and agriculture with a much faster and cheaper experience.
The launch of TBTC on Sui is not just about technical efficiency. It is also about opening the door for the Bitcoin community to participate in the growing ecosystem, without moving to another blockchain.
Ready to unlock your Bitcoin with sui? @Tbtc_project by @thetnetwork is now live on Sui, the unlocking of trade, loans and yields for BTC holders.
A trusted assets plus the most advanced chain. https://t.co/c0lyznnsq2
– Sui (@Suinetwork) July 7, 2025
The process is also not as complicated as in the past – thanks for cryptography technology, TBTC’s security does not depend on a single party or custodian. Users can be sure that their BTC is being protected even after they have been converted into tokens.
And because this all happens directly on the SUI network, the user experience is much faster. No more chain hops or deal with vulnerable assets bridges. In fact, with Sui’s fast -growing Defi eco system, the presence of TBTC could expand opportunities without leaving your head port.
The early figures are also quite intriguing. Since February, around 600 BTC – more than $ 65 million – have entered the SUI ecosystem. That amount even represents more than 10% of the total value locked (TVL) on the network.
Now that TBTC is officially live, there is a potential for a maximum of $ 500 million in new liquidity ready to flow in. Not only for speculation, but also as a new ammunition for Defi projects that need to need fresh air from the Bitcoin community.
Building trust through privacy and security movements
On the other hand, in May, CNF reported that after the hack of $ 223 million that hit the Cetus protocol, the SUI team was not unemployed. Although the attack came from a Maas in the protocol and not a mistake in their chain, Sui has still deposited $ 10 million specifically to strengthen the security sector. This step was considered fairly strategic, so that developer and user confidence would be maintained.
In the same month, Sui also launched a new authentication function called Zkat and Zkat+. This system is designed to access web3 applications without privacy. Users can prove authentication without revealing their identity details to Validators or someone else on the network.
And if the access policy ever has to be changed? Zkat+ makes it possible to be done privately. In a world that is increasingly worried about privacy, this approach can be an important asset for wider acceptance.
On the other hand, the momentum of Sui continued to strengthen in June. Nasdaq even submitted the 21shares Sui ETF, which immediately raised the trade volume of the Sui -Token and caused a wave of optimism in the market.
At the time of writing, Sui acts around $ 2.87 and has been won 2.81% In the last 7 days. Market capitalization has also exceeded $ 9.5 billion.
