tBTC is now live on @SuiNetwork 🌊
1/8 Sub-second finality meets decentralized Bitcoin Onchain. Here’s why this changes everything for Bitcoin utility 🧵👇 pic.twitter.com/rEVhUslgUQ
— Threshold Network ✜ (@TheTNetwork) July 7, 2025
tBTC reportedly maintains Bitcoin’s decentralized properties, unlike traditional wrapped Bitcoin tokens that rely on centralized custodians. Its integration with Sui introduces BTC liquidity to a blockchain claiming up to 297,000 transactions per second and finality times of around 400 milliseconds.
The integration expands Bitcoin’s role within decentralized finance (DeFi) and reflects ongoing efforts to build crosschain utility for the asset. So far, the news has helped the SUI token rally better than the crypto market, whose gains in the last seven days stand at around 16%.
Additionally, Kraken, a major crypto exchange, began supporting SUI staking on July 7. Users can now stake SUI with flexible options, including a 1-day bonded product and a liquid “Auto Earn” strategy, making staking more accessible and user-friendly for both experienced and new participants.