The circulation of cirBTC under Circle has exceeded 5000, with a growth of over 100 times in two months
The issuance of cirBTC, a packaged Bitcoin product launched by Circle, has exceeded 5000, an increase of over 100 times compared to about 40 in mid August. This product is supported 1:1 by 1 native Bitcoin hosted by Circle National Trust and verified through Chainlink Reserve Proof. As of September 24th, cirBTC has a circulation of approximately 4300.68 and reserves of approximately 4448.19 BTC, with a support ratio above 1:1. (Source: Crypto Briefing)