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Threshold Network powers tBTC, a decentralized, trust-minimized representation of Bitcoin backed 1:1 by BTC. tBTC uses threshold cryptography and distributed signer groups to secure Bitcoin deposits without relying on a single centralized custodian. It enables Bitcoin holders to access decentralized finance applications across supported blockchains and redeem tBTC for native BTC.
T is Threshold Network’s ERC-20 utility and governance token on Ethereum. T holders can vote on protocol and treasury proposals and stake T to receive fee waivers and rebates on tBTC minting and redemption. Threshold originated from the merger of NuCypher and Keep Network and subsequently focused its development on tBTC and Bitcoin infrastructure.
The live Threshold price today is $0.005006 USD with a 24-hour trading volume of $2,001,164 USD. We update our T to USD price in real-time. Threshold is up 0.54% in the last 24 hours. The current CoinMarketCap ranking is #349, with a live market cap of $55,843,679 USD. It has a circulating supply of 11,155,000,000 T coins and a max. supply of 11,155,000,000 T coins.