Circle Launches cirBTC on Ethereum to Unlock Institutional Bitcoin in DeFi
cirBTC aims to capture the massive pool of dormant Bitcoin liquidity currently sidelined from decentralized finance.
Circle is a financial technology company best known for USDC, offering stablecoin infrastructure, wallets, payments, and blockchain-based money movement.
cirBTC aims to capture the massive pool of dormant Bitcoin liquidity currently sidelined from decentralized finance.
The world’s leading investment bank reshaped its digital asset playbook in Q1 2026. While trimming holdings in Bitcoin and Ether ETFs, Goldman Sachs completely walked away from altcoin funds to back pure-play crypto equities like Circle and Galaxy Digital.
Circle has raised $222 million from financial giants like BlackRock and Apollo to launch Arc, an institutional-grade blockchain aimed at becoming the operating system of the digital economy.
Visa’s stablecoin settlement pilot has reached a $7 billion annualized run rate, prompting the payment giant to add support for Arc, Base, Canton, Polygon, and Tempo.
Investors have filed a class action lawsuit against Circle, alleging the firm failed to act swiftly to freeze stolen USDC following the $280 million Drift Protocol hack.
Circle introduces a quantum-resistance roadmap for its Arc blockchain, aiming to protect crypto infrastructure ahead of potential quantum threats.
Circle plans to launch cirBTC, a wrapped Bitcoin asset aimed at institutional users, competing with Coinbase and BitGo.
Circle teams up with Sasai to boost USDC adoption across African remittance and payment networks.
Circle shares plunge after a draft of the Clarity Act raises concerns over limits on stablecoin yield.
Stablecoins may benefit from AI-driven payments over time, even as early usage remains limited, Bernstein says.