TechFlow, Huobi HTX global advisor and TRON founder Justin Sun detailed the unique value of WBTC at the "Bitcoin 2025" panel discussion on May 27. He stated that WBTC is a key gateway for Bitcoin to enter smart contract platforms. "Through WBTC, investors can utilize Bitcoin in DeFi applications and on-chain payments on blockchains such as Ethereum, TRON, and Solana, significantly enhancing Bitcoin's liquidity. Additionally, WBTC employs a proof-of-reserves system, with all transactions and reserve addresses publicly available on the blockchain and stored in cold wallets, ensuring security and transparency."
Justin Sun also noted that traditional financial products are migrating onto blockchains, and more on-chain financial products will emerge in the future, unlocking substantial arbitrage and yield potential. He emphasized that WBTC is only the first step in bringing Bitcoin onto blockchains and that this process will continue to be advanced.
