Circle

cirBTC Goes Live on Ethereum with Chainlink Proof of Reserve

cirBTC, Circle's 1:1 BTC-backed wrapped Bitcoin token, is now live on Ethereum for all Circle Mint LLC customers. The underlying BTC is segregated under designated custody at Circle National Trust, a federally chartered national trust bank and qualified custodian supervised by the OCC. Native Arc support will follow at mainnet launch.

  • Designed for tokenized BTC transparency: segregated custody, disclosed reserve addresses, Chainlink Proof of Reserve, and onchain reserve data.
  • Circles is building toward a unified workflow for minting and managing tokenized assets alongside USDC.

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