CryptoSlate August 30, 2026

CEO Jeremy Allaire says Circle built “the platform for the internet financial system”, but cirBTC has only 40 BTC

CEO Jeremy Allaire says Circle built “the platform for the internet financial system”, but cirBTC has only 40 BTC

Circle's wrapped Bitcoin was overcollateralized at its Aug. 27 snapshot, yet WBTC and cbBTC remain thousands of times larger as Arc becomes the next distribution test.

The post CEO Jeremy Allaire says Circle built “the platform for the internet financial system”, but cirBTC has only 40 BTC appeared first on CryptoSlate.

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