tBTC is Now Live on Folks Finance
Bitcoin has entered the crosschain era.
We’re excited to announce that tBTC, the Bitcoin-backed token developed by Threshold Network, is now available for deposits, collateralization, and borrowing across chains on Folks Finance.
Why tBTC?
tBTC is 1:1 backed by native BTC and designed to bring Bitcoin into DeFi without relying on custodians or intermediaries. It’s fully-decentralized, and non-custodial, built with the same security principles as Bitcoin itself — only now, it’s usable across multiple blockchain networks.
What You Can Do With tBTC on Folks Finance
BTC holders using tBTC on Folks Finance can now:
- Deposit tBTC to tap into DeFi strategies
- Use it as collateral to borrow assets across supported chains
- Loop tBTC to amplify positions and boost efficiency
- Collect incentive and Folks Points with every interaction
All of this is available without needing to manually bridge assets or use wrapped versions of BTC on isolated chains.
Why It Matters
Bitcoin is the most trusted digital asset in the world. But until now, it’s been largely passive — sitting idle, stored away, unable to move across chains or unlock yield opportunities.
This changes with tBTC on Folks Finance.
By combining the security of Bitcoin with the flexibility of crosschain DeFi, we’re giving BTC holders new tools to participate in the onchain economy — without compromising on simplicity or control.
Use Your BTC With Purpose
The onchain economy is expanding, and Bitcoin is part of it. Whether you’re looking to optimize your BTC, build a borrowing strategy, or stack points while staying liquid, tBTC on Folks Finance opens that door.
Use your tBTC with purpose:
👉 xapp.folks.finance
Smart folks use Folks.
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Folks Finance offers crosschain lending, borrowing, staking, and trading across elite blockchains. By combining traditional finance’s security and optionality with the transparency and decentralization of DeFi, Folks Finance continues to pave the way for a truly global onchain economy.
Keep an eye out for updates on xChain, incentive programs, and more by following Folks on socials: linktr.ee/FolksFinance.
