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.
Sources
- cirBTC is live on Ethereum as a 1:1 BTC-backed token, with native Arc support coming at mainnet launch. Designed for tokenized BTC transparency, cirBTC combines: → Segregated BTC custody → Disclosed reserve addresses → Chainlink Proof of Reserve → Onchain reserve data forx.com ↗
- cirBTC is now live on Ethereum for all Circle Mint LLC customers. The underlying BTC is custodied by Circle National Trust, a federally chartered national trust bank and qualified custodian supervised by the OCC. What’s next: Circle is building toward a simple, unified workflow https://t.co/lVsMibkhmHx.com ↗
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