Search results for Circle Mint
Crypto
Circle launches bitcoin-collateral loans for institutions to raise USDC without selling BTC
Circle has started a USDC loan service for institutional clients backed by bitcoin. Eligible Circle Mint customers can deposit bitcoin, mint Circle’s wrapped bitcoin token cirBTC and use it as collateral in supported on-chain lending markets to borrow USDC, which is credited to their Circle Mint balance. Terms are set by external markets, and New York-area clients are excluded. The launch coincides with the Arc layer-1 mainnet release.
Crypto
Circle\'s institutional bitcoin collateral cirBTC back in focus, supply stuck at 40 BTC
Circle\'s bitcoin tokenisation product cirBTC is already operating on Ethereum, but its circulating supply remains at about 40 BTC. Circle highlighted the token again as a neutral collateral tool for institutions, though it has been running since June 8. Etherscan data show about 11 holder addresses, and CoinGecko lists it as preview-only and not tradable on tracked exchanges. Circle said issuance and redemption are supported via Circle Mint.
Crypto
Circle adds native USDC to OKX layer2 X Layer
Circle has introduced native USDC and its Cross-Chain Transfer Protocol (CCTP) on OKX’s Ethereum layer2 network X Layer. Users can use Circle-issued USDC directly and transfer it across supported blockchains. X Layer is an EVM-compatible network, allowing Ethereum applications to run with relatively few changes. CCTP burns USDC on the origin chain and mints the same amount on the destination chain.
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Crypto
Circle launches cirBTC on Ethereum, targets institutional bitcoin collateral infrastructure
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Crypto
Stablecoin war opens as South Korea weighs options against dollar dominance
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Crypto
Stablecoin land grab intensifies as banks and fintech form alliances
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Crypto
KB Financial to meet Circle CEO to expand stablecoin cooperation