Circle bets on cirBTC to unlock Bitcoin yield as DeFi demand grows

Circle, the primary issuer of the second-largest USD-pegged stablecoin USDC, recently made public its goal to increase Bitcoin’s utility with the launch of cirBTC, a new wrapped Bitcoin token that ...

By · · 1 min read
Circle bets on cirBTC to unlock Bitcoin yield as DeFi demand grows

Source: cryptonews.net

Circle, the primary issuer of the second-largest USD-pegged stablecoin USDC, recently made public its goal to increase Bitcoin’s utility with the launch of cirBTC, a new wrapped Bitcoin token that is backed 1:1 by real Bitcoin held on the blockchain.This ...

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