Circle is preparing to launch cirBTC, a wrapped Bitcoin token that it says will be backed 1:1 by native BTC, with reserves verifiable on-chain in real time. The product targets institutional users who want Bitcoin exposure inside DeFi and other on-chain systems without holding BTC directly on a blockchain. What Circle is Building with cirBTC … Continue reading Circle to Roll Out crBTC, a 1:1 On-Chain Verifiable Wrapped Bitcoin Token