✉news BusinessCrypto first seen 5 h ago, last 54 min ago, peak #12
Circle Launches Wrapped Bitcoin on Ethereum and Arc
Circle, the issuer of USDC, has launched a wrapped Bitcoin product available on Ethereum and on Arc, its own blockchain network. The move lets Bitcoin holders use their assets in Ethereum-based decentralized finance applications while Circle expands beyond stablecoins. Details on reserves, fees and adoption have not yet been widely reported, and the announcement is drawing attention across the crypto industry.
Why now: Circle's entry into wrapped Bitcoin marks a notable expansion beyond stablecoins, prompting discussion about competition in the Bitcoin DeFi space.
Rank over time, top of the chart is #1. 4 snapshots from 5 h ago to 54 min ago.
Evidence
- Circle Launches Wrapped Bitcoin on Ethereum and Arc · Yahoo Finance
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