Sun Yuchen appears in Bitcoin 2025: WBTC opens the era of Bitcoin smart contracts
According to official news, on May 27, Sun Yuchen, global consultant of Huobi HTX and founder of Bochang TRON, introduced the unique value of WBTC in detail at the "Bitcoin 2025" symposium. 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, Wave Field, and Solana, which will greatly enhance the liquidity of Bitcoin. In addition, WBTC adopts a reserve certification system, and all transaction and reserve addresses are disclosed 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 into the blockchain and will continue to promote this process.
Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.