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    Home » Justin Sun champions wrapped Bitcoin as key to unlocking Bitcoin’s smart contract potential
    News 1 month ago

    Justin Sun champions wrapped Bitcoin as key to unlocking Bitcoin’s smart contract potential

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    28-5-2025 – At the prestigious “Bitcoin 2025” symposium, Justin sun, the founder of TRON and global advisor to Huobi HTX, passionately elucidated the transformative potential of Wrapped Bitcoin (WBTC). He heralded WBTC as a pivotal gateway for integrating Bitcoin into the dynamic realm of smart contract ecosystems. By harnessing WBTC, investors can seamlessly deploy Bitcoin across diverse blockchain platforms, including Ethereum, Solana, and TRON, unlocking its utility for decentralised finance (DeFi) and on-chain payment solutions, thereby amplifying Bitcoin’s liquidity in unprecedented ways.

    Sun underscored the robust security and transparency of WBTC, achieved through a meticulous reserve proof system. All transactions and reserve addresses are openly recorded on the blockchain, with assets safeguarded in cold wallets, ensuring trust and accountability. Looking ahead, he envisioned a vibrant future where traditional financial instruments increasingly migrate to blockchain frameworks, heralding a surge in innovative on-chain financial products. These developments, he argued, promise substantial opportunities for arbitrage and profit. Sun positioned WBTC as merely the initial stride towards embedding Bitcoin within smart contract platforms, pledging to champion this evolution with unwavering commitment.

     

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