Circle plans to launch cirBTC, a 1:1 tokenized Bitcoin product backed by native BTC and designed for institutional users. The reserve will be verifiable on-chain in real time. cirBTC will debut on Ethereum and Arc, pending regulatory approval.
Circle announces cirBTC, a fully Bitcoin-backed wrapped token for institutions. It integrates with Arc and Ethereum, targeting DeFi yield opportunities for BTC holders. Analysts see potential for increased institutional participation.
Circle introduces cirBTC, a 1:1 Bitcoin-backed wrapped token aimed at institutional DeFi adoption, leveraging Arc blockchain and Ethereum for secure, transparent yield opportunities.
Circle announces cirBTC, a 1:1 Bitcoin-backed wrapped token for institutional DeFi access, integrating with Arc blockchain and Ethereum. The move expands Circle beyond stablecoins into tokenized infrastructure, addressing trust issues in Bitcoin DeFi.
Circle, the issuer of USDC, has launched cirBTC, a 1:1 Bitcoin-backed wrapped token designed for institutional DeFi access. Integrated with Arc blockchain and Circle Mint, it aims to provide secure, neutral Bitcoin yield opportunities on Ethereum and Arc mainnets.
Circle introduces cirBTC, a 1:1 BTC-backed wrapped token designed for institutional DeFi participation. It will launch on Arc and Ethereum, competing with cbBTC and aiming to boost Bitcoin utility in lending and borrowing protocols.
