Circle Wrapped Bitcoin (cirBTC) unlocks utility for institutional markets. Backed 1:1 by BTC that is readily verifiable onchain, cirBTC will integrate seamlessly into Circle’s established infrastructure and the wider DeFi ecosystem.
cirBTC is designed to provide institutions with a highly secure and neutral version of wrapped BTC.
- Secure and transparent: Every cirBTC will be 1:1 backed by native BTC. Reserves will be readily and independently verifiable onchain.
- Proven credibility: From issuing an asset, to making it liquid, trusted, and usable globally, cirBTC is designed with the same foundations as USDC and EURC.
- Full-stack flexibility: cirBTC will integrate seamlessly with USDC, Arc, and Circle Mint to offer a single Circle-native end-to-end stack.