Although they share the exact same bitcoin denomination, wrapped BTC and Native BTC fulfill completely distinct purposes. You will find Native BTC operating exclusively within the Bitcoin network. In contrast, wrapped BTC has the flexibility to navigate through compatible smart contract networks, including Arc and Ethereum. To discover how cirBTC integrates into the broader world of onchain finance, please read our full guide at http://www.circle.com/blog/native-vs-wrapped-btc-why-the-difference-matters