Circle unfreezes trillions: $BTC is going into DeFi through #cirBTC 🚀
Circle announced cirBTC — its version of wrapped bitcoin. This is a direct signal to the market: "We will make it safer than the others." The token is aimed at whales and market makers who need reliable collateral.
The launch is planned on Ethereum and the new Arc network. If Circle manages to lure at least 10% of the "sleeping" bitcoin capital, we are in for a new wave of growth in DeFi.
Circle announced cirBTC — its version of wrapped bitcoin. This is a direct signal to the market: "We will make it safer than the others." The token is aimed at whales and market makers who need reliable collateral.
The launch is planned on Ethereum and the new Arc network. If Circle manages to lure at least 10% of the "sleeping" bitcoin capital, we are in for a new wave of growth in DeFi.