Circle Launches cirBTC Wrapped Bitcoin on Ethereum, Challenges Coinbase and BitGo Dominance
According to Odaily, Circle has launched cirBTC, a wrapped Bitcoin product on Ethereum fully backed by BTC on a 1:1 basis, targeting institutional investors seeking to access Bitcoin through DeFi applications including lending, decentralized exchanges, and stablecoins.
The wrapped Bitcoin market is
GateNews·06-09 10:31
