Justin Sun Appears at Bitcoin 2025: WBTC Opens the Era of Bitcoin Smart Contracts

According to PANews on May 28, Justin Sun, global advisor of Huobi HTX and founder of TRON, introduced the unique value of WBTC in detail at the "Bitcoin 2025" symposium on May 27. He believes that WBTC is the key entry point for Bitcoin to enter the smart contract platform. "Through WBTC, investors can use Bitcoin for DeFi applications and on-chain payments on blockchains such as Ethereum, TRON, and Solana, which will greatly increase the liquidity of Bitcoin. In addition, WBTC adopts a reserve proof system, and all transactions and reserve addresses are public on the blockchain and stored in cold wallets to ensure security and transparency."

Sun Yuchen also pointed out that traditional financial products are migrating to the blockchain, and more on-chain financial products will be seen in the future, releasing huge arbitrage and profit potential. He emphasized that WBTC is only the first step in introducing Bitcoin to the blockchain, and will continue to promote this process.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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