tBTC is launched on Starknet, bringing Bitcoin into Decentralized Finance.

Gate News bot message, Threshold Network has deployed tBTC on Starknet, allowing users to bring Bitcoin into Decentralized Finance without intermediaries, with transaction fees as low as $0.01. Users can mint tBTC directly on Starknet or mint it through Ethereum's bridging.

This combination helps to overcome the limitations of Bitcoin DeFi, such as high fees, slow processing speeds, and poor integration. Starknet, with its zero-knowledge architecture, can support up to 857 transactions per second, enabling complex financial strategies to be implemented at a low cost.

Users can trade tBTC on Ekubo; Vesu's lending feature is coming soon. In the future, the platform will support perpetual contracts, loans, and automated yield vaults.

tBTC securely holds assets for users without the need for KYC, utilizing threshold encryption and STARK proof mechanisms for protection. This could be a breakthrough in truly bringing Bitcoin into the world of DeFi.