DeFi· ★★★· bullish·

Circle brings tokenized bitcoin to Arc to enable USDC lending

  • Circle's tokenized bitcoin cirBTC is now live on the Arc network
  • The asset lets holders keep BTC exposure while borrowing USDC
  • Circle previously added BTC deposits and cirBTC minting to its Mint platform
Why it matters: It expands tokenized bitcoin's use in DeFi lending and reinforces USDC's role as a settlement asset.
Source: CriptoNoticias