coin-img-ETHETH-3.06%coin-img-BTCBTC-2.57%coin-img-SOLSOL-4.11%coin-img-USDCUSDC+0.03%coin-img-XRPXRP-4.36%coin-img-TRXTRX+0.12%coin-img-HYPEHYPE-9.89%coin-img-OPNOPN-1.26%coin-img-ETHETH-3.06%coin-img-BTCBTC-2.57%coin-img-SOLSOL-4.11%coin-img-USDCUSDC+0.03%coin-img-XRPXRP-4.36%coin-img-TRXTRX+0.12%coin-img-HYPEHYPE-9.89%coin-img-OPNOPN-1.26%coin-img-ETHETH-3.06%coin-img-BTCBTC-2.57%coin-img-SOLSOL-4.11%coin-img-USDCUSDC+0.03%coin-img-XRPXRP-4.36%coin-img-TRXTRX+0.12%coin-img-HYPEHYPE-9.89%coin-img-OPNOPN-1.26%coin-img-ETHETH-3.06%coin-img-BTCBTC-2.57%coin-img-SOLSOL-4.11%coin-img-USDCUSDC+0.03%coin-img-XRPXRP-4.36%coin-img-TRXTRX+0.12%coin-img-HYPEHYPE-9.89%coin-img-OPNOPN-1.26%
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Jamie Redman

Circle Launches cirBTC on Ethereum With 1:1 BTC Backing and Chainlink Reserve Checks

Circle has introduced cirBTC on Ethereum, aiming to let institutions and bitcoin holders use BTC-backed tokens as DeFi collateral without selling their underlying BTC. Each cirBTC is backed 1:1 by native bitcoin held at a regulated Circle entity, with reserves designed to be verifiable onchain via Chainlink Proof of Reserve. At press time, supply was about 0.0097205 cirBTC across roughly seven holders.
BTC
BTC-2.52%
ETH
ETH-2.96%
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Ethereum