Circle launched Digital Asset-Backed Borrowing, letting institutional clients wrap Bitcoin into cirBTC and use it as collateral to borrow USDC through Morpho on Arc or Ethereum.
circle-launched-digital-asset-backed-borrowing-letting-institutional-clients-wrap-bitcoin-into-cirbtc-and-use-it-as-collateral-to-borrow-usdc-through-morpho-on-arc-or-ethereum-2

Circle launched Digital Asset-Backed Borrowing, letting institutional clients wrap Bitcoin into cirBTC and use it as collateral to borrow USDC through Morpho on Arc or Ethereum.