Techub News, citing Crypto Briefing, reported that data from Arc, a network under Circle, shows total USDC borrowing backed by cirBTC collateral has reached $150 million. cirBTC is a Bitcoin-pegged asset issued on the network. The figure points to rising institutional demand for liquidity strategies that use digital assets as collateral instead of selling those holdings outright. The update highlights how firms are increasingly turning to collateralized borrowing to access capital while keeping exposure to their underlying crypto assets.
Techub News, citing Crypto Briefing, reported that data from Arc, a network under Circle, shows total USDC borrowed against cirBTC collateral has reached $150 million.
The data suggests institutional demand is rising for ways to obtain liquidity from digital assets without selling them directly.
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