Circle Adds BTC Deposits and cirBTC Minting to Mint Platform
- —Users can deposit BTC and mint cirBTC on Mint
- —cirBTC serves as collateral for USDC borrowing
- —Loans are available on Ethereum and Arc networks
- —Circle aims to tap idle Bitcoin holdings
Why it matters: It widens BTC holders' access to USDC credit and could deepen liquidity across Circle's ecosystem.
Source: Coinfomania