CryptoCoinDeskabout 3 hours ago
Circle launches cirBTC on Ethereum to challenge Coinbase
1 min read
Circle launched cirBTC, a token backed 1:1 by bitcoin, on Ethereum to let traders use bitcoin in DeFi protocols. The move challenges Coinbase's cbBTC for dominance in the synthetic bitcoin market, which has a total market cap between $12.5 billion and $13.5 billion.
Level
Hype check
Tap to vote and see what everyone thinks.
