According to Ai Yi, an analyst on the chain, Trump's crypto project WLFI exchanged part of its USDC for cbBTC and ETH yesterday, and currently holds cbBTC worth $9.96 million. After the WBTC custody incident, exchanges and well-known forces such as Coinbase/Kraken entered the market. The following is the market share status of various types of packaged BTC:
WBTC: 59.7%, launched in 2019 and still the largest BTC packaged token;
BTCB: 27.7%, BSC network anchored asset launched by Binance;
cbBTC: 7.28%, Coinbase quickly entered the top three echelons after its launch in September this year;
BTC.b: 2.3%, Avalanche network cross-chain BTC;
tBTC: an open source project supported by Keep, Summa and Cross-Chain Group, BTC packaged in ERC20 format.