Massive move by Circle! Now institutions can leverage Bitcoin for USDC liquidity without selling a single satoshi."
NADEEM Gujjar143
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#CircleLaunchesInstitutionalBTCBackedBorrowing 🚀 Circle Launches Institutional BTC-Backed Borrowing! 🚨
Big move for institutional liquidity! Stablecoin giant Circle has officially launched Digital Asset-Backed Borrowing for eligible Circle Mint institutional clients.
Institutions can now deposit Bitcoin, mint Circle Wrapped Bitcoin (cirBTC), and post it as collateral to borrow USDC directly into their accounts—without selling a single satoshi! 💎🙌
⚡ Key Details:
• Networks: Available on Ethereum and Circle’s new Arc L1.