Circle (CRCL) debuts cirBTC on Ethereum to challenge Coinbase (COIN) in the wrapped bitcoin market
Circle unveiled "cirBTC", a token backed 1:1 with the world's largest cryptocurrency to allow users to utilise their bitcoin wealth in DeFi protocols.
Circle unveiled "cirBTC", a token backed 1:1 with the world's largest cryptocurrency to allow users to utilise their bitcoin wealth in DeFi protocols.
Source: https://www.coindesk.com/business/2026/06/09/circle-debuts-cirbtc-on-ethereum-to-challenge-coinbase-in-the-wrapped-bitcoin-market