Binance Wrapped BTC (WBTC) Project Update

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Biggest Stories of 2025

• Legend of YMIR Event BTC Rewards Distributed as BBTC: The WEMIX PLAY Team announced that BTC rewards for the Legend of YMIR Buddy Boost Lottery and Lucky Totem Event would be distributed as Binance Wrapped BTC (BBTC), an ERC-20 token pegged 1:1 to BTC, on January 5, 2026, with users required to set their active wallet by January 31, 2026 5. This highlights BBTC's use as a distribution mechanism for gaming-related rewards. (December 29, 2025)
• WBTC Live on Sui: BitGo introduced WBTC natively onto the Sui blockchain using LayerZero's OFT standard, enabling instant, gas-only cross-chain transfers and unifying liquidity across supported ecosystems, with major Sui DeFi platforms supporting the asset 34. This marked a significant milestone for unifying Bitcoin liquidity on Sui. (December 5, 2025)
• WBTC Live on Monad: WBTC went live on Monad via a LayerZero integration, further expanding the asset's multichain footprint 1. This continued the team's strategy of native deployments across select networks. (November 26, 2025)
• WBTC Live on Hedera: The Hedera Foundation announced that WBTC is now live on the Hedera network through a collaboration between BitGo, BiT Global, and LayerZero, with liquidity pools live on SaucerSwap 6. The integration brought canonical WBTC to Hedera's DeFi ecosystem. (November 13, 2025)
• WBTC Deployed on Renzo: Wrapped BTC was deployed on the Renzo protocol, expanding its presence in restaking-related DeFi 2. (October 22, 2025)
• ezBTC Launch: The Renzo team announced the launch of ezBTC, a Bitcoin-backed liquid restaking asset developed with Concrete and built on EigenCloud, fully backed by WBTC and enabling Bitcoin holders to earn yield by securing EigenLayer Actively Validated Services (AVSs) 7. This created a new yield pathway for WBTC holders. (October 22, 2025)
• WBTC Available on TRON: Native WBTC became available on TRON, extending the asset's reach to one of the largest blockchain networks by activity 8. (October 21, 2025)
• WBTC Live on Starknet: The Starknet team announced that native and bridged WBTC is now live on Starknet, adding another Layer 2 destination for the asset 9. (October 2, 2025)
• Across DAO Reduces ACX Emissions for WBTC LPs: The Across DAO approved a Snapshot proposal to reduce ACX emissions directed to WBTC liquidity providers by 75%, from 7,200 ACX per day to 1,800 ACX per day, while bringing WBTC under the AEC's existing framework 10. This adjusted the incentive structure for WBTC liquidity provision. (September 1, 2025)
• WBTC Live on Aptos: Aptos announced that WBTC is now live on its protocol, leveraging LayerZero's OFT Standard and Stargate to enable WBTC transfers to the Aptos blockchain 11. This added Aptos to WBTC's growing list of supported networks. (July 22, 2025)
• WBTC Live on Solana: The Wrapped Bitcoin Team announced that native WBTC is now live on Solana, issued as an SPL token backed 1:1 by Bitcoin custodied by BitGo and BiT Global 12. This brought WBTC to one of the largest DeFi ecosystems. (May 5, 2025)
• WBTC Multichain Expansion Strategy Announced: The Wrapped Bitcoin team shared plans to expand WBTC's multichain presence through additional native deployments on select networks outside of Ethereum, aiming to position WBTC as a multichain-native representation of BTC that "may come to serve as a 'co-BTC' standard across chains" 13. The team also waived all mint and burn fees for cross-chain merchant strategies and partnered with exchanges to improve interoperability. (April 22, 2025)
• SparkLend WBTC Loan-to-Value Reduction: Voting concluded on a proposal to reduce the WBTC loan-to-value (LT) ratio on SparkLend Ethereum from 50% to 45%, passing with 100% of votes in favor 1415. This reduced the borrowing capacity against WBTC collateral on the platform. (April 10, 2025)