Circle (CRCL) debuts cirBTC on Ethereum to challenge Coinbase (COIN) in the wrapped bitcoin market
Circle Internet’s (CRCL) wrapped version of bitcoin BTC$63,271.85, cirBTC, is live on Ethereum as the company best known for its dollar-pegged stablecoin takes on Coinbase (COIN) for dominance of the synthetic BTC market. The New York-based firm said it developed cirBTC, a token backed 1:1 by the world’s largest cryptocurrency, to allow traders to access...
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