Crypto

Circle Enters Institutional DeFi Collateral Market with cirBTC

Guavy AI Editorial Team Published September 11, 2026

Instruments

BTC

Circle's cirBTC is targeting the institutional DeFi collateral market, providing a new option for institutions to borrow and lend digital assets.

cirBTC is a stablecoin pegged to the US dollar, allowing institutions to use it as collateral in decentralized finance (DeFi) applications.

This move by Circle aims to bridge the gap between traditional financial institutions and the DeFi market, making it easier for them to participate in digital lending and borrowing.

The Wire

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