The Bitcoin DeFi protocol Threshold has recently proposed a plan to merge the wrapped version of Bitcoin with WBTC (Wrapped Bitcoin). According to this plan, BitGo will become the largest holder of Threshold's T tokens and will transfer control over the minting and burning mechanism of WBTC. This move aims to ensure the continuous stability of WBTC, the sanctity of its collateral, and the security of users and protocols that depend on it. If this proposal is approved, it is expected that an additional 1,655,250,000 T tokens (an increase of 15% in supply) worth approximately $36 million will be minted and allocated to BitGo. Subsequently, BitGo will be responsible for transferring the token freezing and minting/exchange privileges of WBTC under the management of ThresholdDAO. This move signals a new chapter of collaboration between Threshold and WBTC, aiming to enhance the stability and security of the entire ecosystem.