Circle Opens Bitcoin-Backed USDC Borrowing To Mint Clients, Routed Through Morpho
Circle has opened bitcoin-backed borrowing to institutional customers of Circle Mint, and the loans run on Morpho. Customers deposit bitcoin, mint Circle's wrapped bitcoin token cirBTC, post it as collateral and receive...
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Bitcoin is showing up inside the Stablecoins theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.
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