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USDC Issuer Circle Aims to Unlock New Utility for Bitcoin

By Telemac

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Circle, the company behind the USDC stablecoin, has announced it will soon launch its own Bitcoin token, named cirBTC. Jeremy Allaire, the firm’s CEO, stated that this asset will be backed 1:1 by native Bitcoin reserves, verifiable on-chain.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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