Circle is taking a significant step toward reshaping how Bitcoin interacts with decentralized finance. The stablecoin issuer has officially announced plans to launch cirBTC, an encapsulated version of Bitcoin designed to function seamlessly within modern on-chain ecosystems. The announcement, shared via its official X account, signals a strategic expansion of Circle’s infrastructure beyond stablecoins and into Bitcoin-based financial tooling. Unlike traditional wrapped Bitcoin solutions, cirBTC is being positioned as more than just a tokenized representation. Circle is building it as part of a broader infrastructure layer—one that aims to make Bitcoin more usable, interoperable, and accessible across decentralized applications. Backed
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