Data: cbBTC circulating supply exceeds 40,000 coins

ChainCatcher news, according to Dune data, the circulating supply of Coinbase's wrapped Bitcoin, Coinbase Wrapped BTC (cbBTC), has surpassed 40,000 for the first time, currently reported at 40,884. In the past month, the increase has exceeded 1,900. The current market capitalization of cbBTC is approximately $3.89 billion, and its share in the wrapped Bitcoin market continues to expand, with a current market share of 22.7%.