Circle

4 months agoNews Editor 01

Circle Unveils cirBTC: Wrapped Bitcoin With Real-Time Onchain Reserve Verification

Circle, the issuer of USDC, announced cirBTC, a wrapped bitcoin token backed 1:1 by native BTC with independently verifiable onchain reserves in real time. It targets institutional users and will launch first on Ethereum and Arc.

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Invesco

4 months agoNews Editor 01

Invesco Files for $700M Onchain Stablecoin Reserve Fund, No Direct Stablecoin Holdings

Invesco has filed with the SEC to launch a $700 million fund targeting stablecoin issuer reserve needs, investing in Treasuries and cash equivalents while recording ownership on blockchain via Superstate.

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Bit.Fan