The circulating supply of cbBTC exceeds 16,000, with a market value of approximately US$1.58 billion

Odaily News Dune data shows that the circulating supply of Coinbase Wrapped BTC (cbBTC) launched by Coinbase has reached 16,120 pieces, accounting for 16.9% on the Ethereum chain, 81% on the Base chain, and 2.1% on the Solana chain. The current market value of cbBTC is approximately US$1.58 billion (US$1,579,355,920). Earlier news, Coinbase announced on the X platform that cbBTC has been launched on Arbitrum, and users can send cbBTC to Arbitrum.