# cirBTC

#CircleToLaunchCirBTC #CircleToLaunchCirBTC On April 2, 2026, Circle (the company behind the world’s most trusted stablecoin, USDC) officially announced cirBTC — a new 1:1 backed wrapped Bitcoin token designed specifically for institutions and DeFi.
After conquering the stablecoin market with over $56B+ in USDC circulation, Circle is now expanding into Bitcoin to solve one of the biggest pain points in crypto: bringing real, trustworthy BTC liquidity into decentralized finance and TradFi workflows.
What Exactly is cirBTC?
Fully Backed 1:1 by Native Bitcoin — Every single cirBTC is collateraliz

#CircleToLaunchCirBTC
$1.7 trillion in Bitcoin is currently sitting on the sidelines of the digital economy. The reason isn't a lack of appetite for yield; it’s a fundamental crisis of trust in the "wrappers" that bridge BTC to other networks.
Circle’s announcement of **cirBTC**—a 1:1 Bitcoin-backed token—is a calculated strike at the heart of the current DeFi hierarchy. By leveraging the same regulatory and reserve-verification framework that scaled USDC to $75B+, Circle is positioning itself to become the primary custodian for institutional Bitcoin liquidity. This isn't just another wrapped