Since Circle launched its Bitcoin-wrapped asset, cirBTC, on Ethereum on June 8, its current circulation is only about 40 tokens, with 11 holding addresses. In comparison, the circulation of WBTC and cbBTC exceeds 116,000 and 97,000 tokens, respectively. According to Circle's reserve data released on August 11, approximately 40.02 cirBTC corresponds to 42.51 BTC in reserves. The underlying BTC is custodied by Circle National Trust and verified on-chain via public addresses and Chainlink Proof of Reserve. (The Defiant) https://(wublock123.com)/news/news-66427