Circle Integrates Chainlink Proof of Reserve into cirBTC
Circle has integrated Chainlink Proof of Reserve into its cirBTC wrapped token, allowing users and applications to monitor the Bitcoin backing the token onchain.
The move enables a wider range of verification options for cirBTC holders and developers building on top of Ethereum.
According to the latest data, Circle's reserves exceed the current supply of cirBTC by approximately 2.49 BTC.