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What is tBTC (Threshold Bitcoin)?

tBTC, or Threshold Bitcoin, is a protocol that allows users to mint a tokenized version of Bitcoin (BTC) on the Ethereum blockchain. This token, called tBTC, is backed 1:1 by Bitcoin, meaning that 1 tBTC is always redeemable for 1 BTC. tBTC is a decentralized, permissionless, and secure way to bring Bitcoin to the Ethereum blockchain, enabling Bitcoin holders to access the vast world of DeFi applications and services without relying on centralized custodians.
What is tBTC (Threshold Bitcoin)?
Use the multichain Bitcoin.com Wallet app, trusted by millions to safely and easily send, receive, buy, sell, trade, use, and manage Bitcoin (BTC), Threshold Bitcoin (tBTC), Bitcoin Cash (BCH), Ether (ETH), and the most popular cryptocurrencies.

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