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Circle unveils cirBTC to link Bitcoin with USDC liquidity
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Circle unveils cirBTC to link Bitcoin with USDC liquidity
the breakdown Market briefing: Circle introduced cirBTC to connect native Bitcoin collateral with USDC liquidity for institutions. BTC was near $79,057, up 0.2 percent, barely reacting as the tape stalls at resistance. Circle's cirBTC aims to route native BTC collateral into USDC liquidity for institutions. The stated uses are borrowing, treasury, hedging, and settlement, not spot buying. BTC sat near $79,057 with a flat tape, a structural pos…
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