June 2025 Recap: tBTC Enables Dollar Loans Against Your Bitcoin & New Incentive Programs

You own Bitcoin. You want to continue owning Bitcoin, but you also need a steady cash flow. Pay your mortgage. Fund your business. Cover daily expenses. All without selling your Bitcoin.

In June 2025, Threshold Network's tBTC infrastructure made this possible. Through strategic partnerships and a 90-day incentive program, holders can now access dollar liquidity while keeping their Bitcoin. No selling. No centralized custody. Just math, protecting your keys.

Key June developments:

• MUSD launched: 1% BTC loans using tBTC (150% collateral ratio)
• Arbitrum: Curve tBTC/WBTC pool: Up to 4.33% CRV rewards
• Base: Aerodrome tBTC/cbBTC pool: 7.78% AERO rewards
• Re7 x Gearbox: Leverage opportunities now available for tBTC
• Starknet: Direct minting of tBTC now live on L2
• tBTC listings: Now available on Venus and Avnu

The MUSD Moment:
Dollar Loans Using Bitcoin as Collateral

1. Convert to tBTC: Use Threshold's decentralized Bitcoin bridge—no single entity controls your funds. The 51-of-100 threshold system ensures true decentralization. Conversion rewards start immediately.
2. Mint MUSD: Lock tBTC as collateral at a 150% ratio. Get stablecoins worth 2/3 of your Bitcoin value. Only tBTC is accepted, ensuring trust-minimized infrastructure. Minting bonuses for early participants.
3. Use Your MUSD: Spend it. Lend it. Invest it. Pay real expenses with Bitcoin-backed dollars. Usage rewards compound over time.
4. Keep Bitcoin Exposure: Your Bitcoin still appreciates while you spend MUSD. No selling. No taxes. No loss of upside. Long-term position rewards maximize benefits.

The results speak clearly:

• $500 million+ in total value locked through tBTC
• 5,244 tBTC actively circulating across 3,287 holders
• $3.6 billion+ in cumulative bridge volume
• Zero custody failures since 2020
• Currently represents 3.9% of all Bitcoin on Ethereum

Why Mezo Chose tBTC Over Centralized Alternatives

When Mezo evaluated Bitcoin infrastructure for MUSD, they required something that aligned with their vision: no centralized custody, instant liquidity, and proven security. tBTC delivers this through distributed control, where no single entity can access the underlying Bitcoin. This makes MUSD truly decentralized. Real Bitcoin backs your loan with no centralized custody or single point of failure. This trust-minimized architecture matters because it enables true Bitcoin finance.

When Mezo launched MUSD on May 28, they chose tBTC as their exclusive Bitcoin infrastructure. The key: your Bitcoin never enters company custody. It remains secure by distributed signers using threshold cryptography.

On Mezo, Bitcoin is the native currency for gas and transaction fees. When you pay fees, your wallet displays "BTC" because that's what you're using; tBTC is integrated so deeply that it becomes invisible. Through MUSD, you can:

• Business Operations: Pay salaries in dollars while keeping Bitcoin reserves
• Real Estate: Use Bitcoin as collateral for property down payments
• Personal Finance: Utilize your Bitcoin for daily expenses.
• Investment Opportunities: Access instant liquidity during market opportunities

Mezo offers to lock tBTC as collateral at a 150% ratio, and get stablecoins worth 2/3 of your Bitcoin value, all while your Bitcoin continues to appreciate. This is Bitcoin working as both a store of value and a medium of exchange.

June's Yield Opportunities: Liquidity Pools, Lending Markets, and L2 Expansion

Threshold Network’s tBTC is also highlighting limited liquidity pool rewards on Base and Arbitrum as part of its ongoing efforts to incentivize decentralized Bitcoin adoption and deepen cross-chain DeFi liquidity. Liquidity Pool Rewards:

1. Arbitrum Curve tBTC/WBTC pool: Now offering 1.73% → 4.33% CRV rewards for liquidity providers [Access it here]
2. Base Aerodrome tBTC/cbBTC pool: Earning 7.78% AERO rewards for concentrated positions [Access it here]

These pools ensure deep liquidity for MUSD users converting between Bitcoin representations, with rewards making it attractive for liquidity providers while benefiting borrowers through better rates.

1. Re7 Capital and Gearbox Protocol deployed professional lending markets for tBTC. Users access structured strategies with up to 6x leverage on uptBTC positions. No lockups for lenders. Efficient capital for borrowers. Threshold's liquidity incentives ensure attractive opportunities for early participants.
   
2. Starknet users can now directly mint tBTC using the Threshold dApp. No bridge risks. No wrapped tokens. Just Bitcoin - secured by threshold cryptography, created where you need it. This positions tBTC as the native Bitcoin standard for Starknet's growing ecosystem.
   [X Post: https://x.com/TheTNetwork/status/1932799438185246951]
   
3. Venus Protocol brought tBTC to their $1.5 billion platform on BNB Chain. Their announcement: "Native BTC, bridged without middlemen, now participating in decentralized applications." Major platforms are choosing decentralized infrastructure over centralized alternatives.
   [X : https://x.com/VenusProtocol/status/1933560871684616461]
   
4. Avnu integrated Starknet tBTC for optimal liquidity routing across Starknet. As they noted: "Bitcoin on Starknet. Starknet on Bitcoin. Day by day, it's becoming real."https://x.com/avnu_fi/status/1933438024496377953

$100M+ in June Integrations Choose Decentralization with tBTC

June's adoption wave demonstrates the market's preference for proven infrastructure. While newer bridges promise theoretical benefits, protocols building real products need demonstrated reliability:

• Mezo built their entire Bitcoin finance vision on tBTC
• Venus evaluated all options for its $1.5B platform
• Gearbox brought a professional trading infrastructure
• Starknet chose tBTC for native L2 integration

Each chose Threshold's battle-tested infrastructure over alternatives. The common thread: proven security, established track record, and true decentralization.

Access MUSD Loans, Gearbox Markets, and L2 Minting Today

The infrastructure is operational. The incentives are active. Bitcoin holders have concrete choices: Through Threshold Network's tBTC, you can access MUSD loans without selling Bitcoin. Participate in professional lending markets. Move seamlessly across chains. Earn rewards for early adoption. All while maintaining complete sovereignty—your keys, your coins, always.

1. Arbitrum Curve tBTC/WBTC pool: [Access it here]
2. Base Aerodrome tBTC/cbBTC pool: [Access it here]
3. Re7 Capital and Gearbox Protocol: [Click here]
4. Starknet Direct Minting (Connect a Starknet wallet) : [Click here]
5. Venus Protocol tBTC Listing: [Click here]
6. Avnu tBTC Listing: [Click here]

June 2025 marked the moment Bitcoin became both pristine collateral and functional money. Not through promises or theory, but through a working infrastructure that secures over half a billion dollars. The impossible choice between holding and using? Eliminated.

Welcome to the Bitcoin Standard for DeFi, powered by Threshold Network.

Start today: Threshold Website | Threshold dApp | Documentation

Disclaimer: The information provided is for educational purposes only and does not constitute financial, investment, or legal advice. Investing in cryptocurrency and digital assets involves a high degree of risk. Always conduct your research and consult with a licensed financial advisor before making any investment decisions.