CIRCLE JUST STEPPED INTO BITCOIN 🤯
Circle launched cirBTC, a 1:1 $BTC-backed token designed for DeFi and institutional use.
This puts them directly into the ~$8B+ wrapped $BTC market, currently dominated by $WBTC. The $USDC issuer isn’t just doing stablecoins anymore -- it’s expanding into #Bitcoin infrastructure.
$BTC isn’t just being held. It’s being pulled deeper into on-chain markets.