The Threshold community proposes to merge tBTC with WBTC. This proposal is driven by concerns about WBTC's stability due to Justin's stake in Sun. According to the proposal, BitGo will receive T-tokens, thus becoming a major stakeholder in the Threshold network. In a strategic move to protect the future of Wrapped Bitcoin (WBTC), a proposal titled "#saveWBTC" has been launched.
The post first appeared on CoinJournal.