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WBTC accounts for 59.7% of the market share of encapsulated BTC, making it the largest BTC encapsulated token by application

According to the chain analyst @ai_9684xtpa monitoring, the Trump crypto project WLFI yesterday converted part of the USDC into cbBTC and ETH, currently holding $9.96 million worth of cbBTC, after the WBTC custody storm, Coinbase/Kraken and other exchanges and well-known forces entered the market, the following is the status of various encapsulated BTC market share? WBTC: accounting for 59.7%, it is still the largest BTC encapsulated token launched in 2019. BTCB: accounting for 27.7%, the BSC network anchor asset launched by Binance; cbBTC: accounting for 7.28%, Coinbase quickly entered the top three after its launch in September this year. BTC.b: accounting for 2.3%, the cross-chain BTC of the Avalanche network; tBTC: An open-source project supported by Keep, Summa, and Cross-Chain Group, encapsulating BTC in the form of ERC20.