Circle is giving institutions another way to unlock Bitcoin liquidity without selling.
Eligible Circle Mint clients can now borrow $USDC against $BTC through Morpho.
Bitcoin is wrapped into cirBTC and used as collateral for USDC loans on Morpho markets on Arc or Ethereum, letting institutions keep their BTC exposure while accessing on-chain liquidity.
Eligible Circle Mint clients can now borrow $USDC against $BTC through Morpho.
Bitcoin is wrapped into cirBTC and used as collateral for USDC loans on Morpho markets on Arc or Ethereum, letting institutions keep their BTC exposure while accessing on-chain liquidity.
