Circle
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Circle launches cirBTC Wrapped Bitcoin on Ethereum
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Circle has introduced cirBTC, a new 1:1 Bitcoin-backed token on Ethereum. The product targets institutional users seeking collateral for DeFi activities.
USDC issuer Circle has created Arc, a new layer-1 blockchain built for stablecoin-native finance.
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Circle announced a $222 million presale for its ARC token at a $3 billion valuation alongside first-quarter results. The USDC issuer beat earnings estimates but missed on revenue. Shares rose more than 15 percent on the news.
May 04, 2026 15:06