NYSE:CRCLSoftware
Circle Internet Group Expands Beyond USDC With cirBTC DeFi Token Launch
Circle Internet Group launched cirBTC, a Bitcoin backed token designed to bring institutional grade transparency to Bitcoin within DeFi.
The product targets custody and trust concerns around existing wrapped Bitcoin solutions while expanding Circle's role in tokenization and infrastructure.
The launch broadens Circle's product set beyond its USDC stablecoin and places NYSE:CRCL in more direct competition with other Bitcoin token providers.
For investors watching NYSE:CRCL, cirBTC arrives as...