Coinbase Launched Wrapped Bitcoin (cbBTC) With a Market Cap of Nearly $100 Million

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September 13, 2024
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Dune data reveals that Coinbase Wrapped BTC (cbBTC), launched by Coinbase, has a circulating supply of 1,720 coins, with a market capitalization approaching $100 million ($99,634,209). Previously, Coinbase announced the launch of cbBTC, which will operate on both the Ethereum mainnet and Base.

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