Circle Adds BTC-Backed Borrowing Through Onchain Lending Markets

Circle has introduced a new borrowing service that lets institutional clients access USDC liquidity without selling their Bitcoin holdings. The initiative expands Circle’s role beyond stablecoin issuance and into institutional crypto finance.  Eligible Circle Mint customers can deposit Bitcoin and convert it into cirBTC. They can then use cirBTC as collateral across supported onchain lending […] Read The Full Article Circle Adds BTC-Backed Borr…