3 sourcesTracking since 11h ago
Circle Mint lets institutions borrow USDC against Bitcoin without selling their BTC
Chronological coverage
Latest5h agoCircle Now Lets Institutional Clients Borrow USDC Against Their Bitcoin
Stablecoin issuer Circle is courting crypto-owning institutions, launching a lending service on Monday that lets them borrow USDC against their bitcoin holdings. Circle, the company behind the USDC stablecoin, has launched a service that lets institutional customers borrow dollar-pegged tokens against their bitcoin holdings—the latest push by a crypto firm to court treasury departments that […]
Bitcoin.com News•Andrew Hayward
Follow-up10h agoCircle launches Bitcoin-backed USDC borrowing for institutional clients
Circle is bringing Bitcoin-backed borrowing to institutional clients, allowing them to tap BTC holdings for USDC liquidity without selling their Bitcoin.
Cointelegraph•Cointelegraph by Nate Kostar
First seen11h agoCircle Mint lets institutions borrow USDC against Bitcoin without selling their BTC
Circle Mint's new feature enables institutions to leverage BTC for liquidity, fostering DeFi growth and enhancing BTC's utility in financial strategies.
CryptoBriefing•Editorial Team