Circle Launches cirBTC On Ethereum As New 1:1 Bitcoin-Backed DeFi Asset
Circle has launched cirBTC on Ethereum, entering the wrapped Bitcoin market with a 1:1 backed asset aimed at institutional DeFi collateral.
Crypto Daily·

125,000 BTC absorbed by holder cohorts in early June as exchange balances fall to 2.71M ahead of the Fed decision. Here’s how traders can react.
Read full articleCircle has launched cirBTC on Ethereum, entering the wrapped Bitcoin market with a 1:1 backed asset aimed at institutional DeFi collateral.
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