tBTC is a fully decentralized, Bitcoin-backed asset pegged to the price of BTC.
tBTC is a low-cap, fully collateralized asset. This asset is exposed to the underlying risks of Threshold Bridge and Portal (Wormhole) bridge, which are protocols both rated as Watch out.
tBTC has a fixed supply. tBTC is a permissionless, DeFi-compatible version of Bitcoin. It is backed 1:1 by BTC locked on the Threshold bridge and secured by Threshold's network of node operators.