According to BlockBeats, on August 11, Jupiter co-founder meow published a "Letter to New and Old Custodians of WBTC" on social media, stating that "Bitgo was chosen as a partner when the WBTC project started a few years ago because we believe that it is most critical to have a partner who is fully focused on custody to keep Bitcoin." "But the most important thing is that under no circumstances should the Bitcoin behind WBTC be used for any purpose. I do not intend to make any judgments about Bitgo. They have indeed been an excellent custodian so far, and I believe they have the best intentions."
Meow believes it is crucial for WBTC, the entire DeFi ecosystem, and Bitgo/Bitglobal to clarify a few things right away:
1. Who is part of the multi-signature that holds BTC? 2. Will BTC be used for any purpose? 3. What are the benefits of this collaboration for both parties? Is it beneficial for TRON to adopt WBTC?
4. How exactly does cross-jurisdiction help? 5. Is it possible to have a very respected independent party join a multi-signature group and act as both a communicator and a signatory?
