✉news BusinessCrypto first seen 17 h ago, last 41 min ago, peak #12
Circle Launches Wrapped Bitcoin on Ethereum and Arc
Stablecoin issuer Circle has launched a wrapped Bitcoin product on Ethereum and on Arc, its own blockchain network. The move lets Bitcoin holders use their assets in Ethereum-based decentralized finance applications while expanding Circle's product range beyond stablecoins. Details on reserves, fees, and adoption have not yet been widely reported, and reaction from the crypto community is still forming.
Why now: Circle, best known for USDC, entering the wrapped Bitcoin market is a notable expansion in crypto finance.
Rank over time, top of the chart is #1. 4 snapshots from 4 h ago to 41 min ago.
Evidence
- Circle Launches Wrapped Bitcoin on Ethereum and Arc · Yahoo Finance
API: https://socialmediatrends-api.osmike.com/v1/trends/763494