Circle's cirBTC Token Supply Hits 4,300 with Over 4,448 BTC in Reserve
Circle's cirBTC token has reached a total supply of 4,300.67531386 tokens across both the Arc and Ethereum networks.
This represents one-to-one backing by approximately 4,448.19333037 BTC in reserve.
The reserves exceed the token supply by about 147.518 BTC on a one-to-one basis, ensuring that each cirBTC is backed entirely by native BTC.
CirBTC has its largest share on the Arc network with 3,577.5618468 tokens, while Ethereum accounts for the remaining 723.11346706 tokens.