Sun Yuchen appears at Bitcoin 2025: WBTC opens the era of Bitcoin smart contracts
ChainCatcher news, Huobi HTX global advisor and TRON founder Justin Sun detailed the unique value of WBTC at the "Bitcoin 2025" panel discussion. He believes that WBTC is the key entry point for Bitcoin into smart contract platforms. "Through WBTC, investors can use Bitcoin for DeFi applications and on-chain payments on blockchains like Ethereum, TRON, and Solana, which will greatly enhance Bitcoin's liquidity. In addition, WBTC employs a reserve proof system, with all transactions and reserve addresses publicly available on the blockchain and stored in cold wallets, ensuring security and transparency."Justin Sun also pointed out that traditional financial products are migrating to blockchain, and in the future, we will see more on-chain financial products that release significant arbitrage and yield potential. He emphasized that WBTC is just the first step in bringing Bitcoin onto the blockchain and will continue to drive this process forward.