BlockBeats news reported on November 24 that Dune data revealed that the circulating supply of Coinbase Wrapped BTC (cbBTC), a tokenized bitcoin launched by Coinbase, reached 16,120. This represents 16.9% on the Ethereum chain, 81% on the Base chain, and 81% on the Solana chain. The current market value of cbBTC is around US$1.58 billion.
Earlier, Coinbase announced on the X platform that cbBTC has been listed on Arbitrum, allowing users to send cbBTC to Arbitrum.
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<p>The post Coinbase’s Wrapped BTC Circulation Grows, Hits 16.12K first appeared on CoinBuzzFeed.</p>