The lending protocol on TRON has made new moves. They have just launched Governance Proposal No. 38, intending to integrate WBTC, a Token pegged 1:1 with Bitcoin, into the platform.

This time we are launching the TRC20 version of WBTC, which basically means transferring the value of Bitcoin onto the TRON chain for use. If the proposal passes the vote, users will be able to directly use WBTC for collateralized lending in the protocol, deposit it to earn interest, or use it to borrow other coins.

For the entire TRON DeFi ecosystem, this is considered an introduction of larger-scale assets. After all, with the liquidity of Bitcoin level entering, the financial play and allocation space can indeed expand to a higher level.