What backs mBTC?

mBTC is backed 1:1 with deposited BTC coins, and relies on an oracle price feed of provided assets to determine the mint and burn amount of mBTC for each interaction. mBTC also has maximum deposit caps for each supported token, which will be raised overtime as mBTC matures and grows. The following BTC coins on SUI are supported to mint mBTC:

Coin	Coin Type	Deposit Cap
sWBTC	0xaafb102dd0902f5055cadecd687fb5b71ca82ef0e0285d90afde828ec58ca96b::btc::BTC	None
WBTC	0x027792d9fed7f9844eb4839566001bb6f6cb4804f66aa2da6fe1ee242d896881::coin::COIN	None
LBTC	0x3e8e9423d80e1774a7ca128fccd8bf5f1f7753be658c5e645929037f7c819040::lbtc::LBTC	None
xBTC	0x876a4b7bce8aeaef60464c11f4026903e9afacab79b9b142686158aa86560b50::xbtc::XBTC	None