CEO Jeremy Allaire says Circle built “the platform for the internet financial system”, but cirBTC has only 4
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Circle CEO Jeremy Allaire asserts Circle has built "the platform for the internet financial system." However, Circle's cirBTC product currently holds only four BTC, indicating extremely limited uptake of its Bitcoin-backed offering. This disparity suggests Circle's platform has negligible near-term impact on Bitcoin liquidity or price and highlights a gap between marketing claims and actual market influence, posing reputational risk if scale does not materialize.
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