There was an hypothesis about it being the remnants of a destroyed planet[1], but that was mostly an idea to support the Titius-Bode law[2], which was disproved a few hundred years ago.
[0] Currently about 3x Ceres mass, though it may have about Earth mass early in its history. See https://en.wikipedia.org/wiki/Asteroid_belt#Formation and https://en.wikipedia.org/wiki/Asteroid_belt#Evolution
[1] https://en.wikipedia.org/wiki/Phaeton_(hypothetical_planet)#...