Justin Sun appeared at Bitcoin 2025: WBTC ushered in the era of Bitcoin smart contracts

PANews reported on May 28 that Justin Sun, global advisor of Huobi HTX and founder of TRON, gave a detailed introduction to the unique value of WBTC at the "Bitcoin 2025" symposium on May 27. He believes that WBTC is a 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, Solana, etc., which will greatly improve the liquidity of Bitcoin. In addition, WBTC adopts a proof-of-reserve system, where all transactions and reserve addresses are publicly available 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 income potential. He stressed that WBTC is only the first step in bringing Bitcoin to the blockchain and will continue to drive this process.

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