Thresholds tBTC Bridge Upgrade: Unlocking Bitcoins Potential in DeFi - The crypto platform Threshold announces a significant upgrade to its tBTC bridge, enabling large institutions and wealthy investors to use their Bitcoin assets in DeFi applications. The new upgrade allows direct creation of tBTC on supported blockchain networks with a single Bitcoin transaction, eliminating extra approvals and gas fees. This streamlined process aims to attract more institutional players into the DeFi space, potentially unlocking over five hundred billion dollars in institutional Bitcoin for various blockchains.
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