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On-ChainCheatSheetKing

2026-05-22 04:12:03

Circle is launching a BTC-pegged stablecoin, backed by regulatory endorsement and 1:1 reserves—more reassuring than WBTC?

CRCL-1.61%

BTC1.28%

WBTC1.56%

View Original

MarsBitNews2026-05-22 04:04:41

Circle CEO: cirBTC is set to launch, and will be held in custody by a regulated entity within the group

Circle announces the launch of cirBTC, a tokenized BTC backed 1:1 by native Bitcoin, issued on the Ethereum mainnet and Arc network. Each cirBTC is backed by an equivalent amount of native BTC, with custody managed by a regulated entity under Circle.

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