WBTC on TRON Seems to Be Fading Quietly
Last August, Justin Sun and BiT Global made some noise about getting involved with Wrapped Bitcoin (WBTC). The press release at the time made a big deal about TRON’s role—calling it the “leading blockchain” for USDT stablecoins. But here’s the thing: WBTC on TRON had already been around since 2021, and hardly anyone was using it. We’re talking roughly 100 bitcoins tied up in the whole thing. Not exactly a game-changer.
Then, after the announcement, something odd happened. The WBTC on TRON dashboard quietly vanished from Wrapped Bitcoin’s website. No explanation, no update—just gone. That dashboard used to show who the approved partners were and, more importantly, where the actual BTC backing the tokens was stored. Now? Good luck finding those details.
TRONSCAN’s Missing Data
If you check TRONSCAN these days, you’ll notice it doesn’t display WBTC on TRON analytics like it once did. Digging into the smart contract, the last transfer was over two months ago—April 15, to be exact. And the total amount locked in? Still hovering around that same 100 BTC mark. Doesn’t exactly scream “active development.”
Neither BitGo, BiT Global, Wrapped Bitcoin, nor Sun have said a word about shutting it down. But between the disappearing dashboard and TRONSCAN’s stripped-back data, it sure looks like the project’s being pushed to the sidelines.
Transparency—Or Lack Thereof
What’s left now is a weirdly opaque setup. There’s no clear way to verify where the BTC backing WBTC on TRON is held, which feels… familiar. Sun’s other wrapped BTC product, the one tied to his exchange Poloniex, works the same way—no disclosures, no real visibility.
Protos tried reaching out to BitGo, BiT Global, and Wrapped Bitcoin for some clarity. No luck so far. Maybe they’ll respond eventually, or maybe this whole thing will just keep fading into the background.
For now, it’s hard to say whether WBTC on TRON is officially dead or just forgotten. But with no movement, no updates, and no transparency, it’s not exactly inspiring confidence. Then again, in crypto, that’s hardly a surprise.
