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Circle: cirBTC is now live on Ethereum, providing 1:1 Bitcoin-backed collateral for institutional DeFi.

2026-06-09 03:45:13

Abstract generation in progress

Mars Finance News, according to official sources, Circle announced that cirBTC is now live on Ethereum, providing 1:1 Bitcoin-backed collateral for institutional DeFi markets. cirBTC is backed by Circle custody of native BTC at a 1:1 ratio, with on-chain reserve transparency provided through Chainlink reserve proofs. cirBTC can be integrated into Circle Mint to enable minting and redemption, and it forms a unified operational model with USDC for dollar liquidity and Bitcoin collateral. In the future, cirBTC will also be expanded across multiple chains via Arc.

BTC-0.57%

ETH0.99%

LINK0.61%

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