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CZ Reflects on TWT’s Past and Trust Wallet’s New Roadmap

By

Triparna Baishnab

Triparna Baishnab

CZ highlights Trust Wallet’s TWT journey from a 99% burn in 2020 to new use cases launching in late 2025, with a roadmap.

CZ Reflects on TWT’s Past and Trust Wallet’s New Roadmap

Quick Take

Summary is AI generated, newsroom reviewed.

  • CZ says TWT started as an experiment with too high a valuation.

  • A massive 99% burn in 2020 destroyed 89B tokens worth $2.3B.

  • Trust Wallet has released a litepaper with new TWT use cases.

  • Rollout of staking, governance, and service discounts starts Q4 2025.

  • April 2026 is set as a milestone for completing the roadmap.

Changpeng Zhao (CZ), the ex-CEO of Binance, expressed his ideas on the native token of Trust Wallet, TWT. He added that the token was initially an experiment but experienced problems when its fully diluted valuation (FDV) increased at a rapid pace. In order to correct this, the team incinerated 99 per cent of the supply in 2020. That fire burnt 89 billion TWT, valued at approximately 2.3 billion in 1979. This was to be done so as to make the token economy a healthier one.

From Burn to Revival

TWT was reintroduced as BEP-20 token on Binance Smart Chain after the burn. The supply reduced and the token price shot up. However, it did not grow fast due to a small number of real use cases of TWT. The critics claimed that it has no long term value. CZ acknowledged this in his post, and said that, after the burn, the project had failed to create sufficient utility.

Trust Wallet is currently developing new TWT functionality. This week a litepaper with a six-month roadmap was published. Beginning in Q4 2025, TWT holders will have additional applications of their tokens, including in-app service discounts, voting, staking rewards, and others. The connections to NFTs and decentralized networks may also be present. The team identified April 2026 as one of the major targets of achieving this rollout.

CZ’s Role and Legacy

The significance of the remarks voiced by CZ is that he was the key figure in the formation of Trust Wallet. In 2018, Binance had bought the wallet, and TWT has been affiliated with its ecosystem all the time. CZ is a powerful crypto voice despite the legal battles in the United States of America that he left Binance in 2023. He is a TWT supporter, as well, which is a sign that he is optimistic about the future of Trust Wallet.

Trust Wallet enjoys over 200 million users and 100 + blockchain assets. Another rise in the usefulness of TWT can make it an activity staple in the wallet-based DeFi. Still, challenges remain. Regulatory pressure still exists, and the competition is high enough with wallets like MetaMask. Community interest is high, but the implementation can hopefully deliver the promises to win the long-term trust.

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