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Circle Wrapped Bitcoin is on Arc

Circle Wrapped Bitcoin (cirBTC)1 unlocks utility for institutional markets. Backed 1:1 by BTC that is readily verifiable onchain, cirBTC is live on Arc2 and integrates seamlessly into Circle’s established infrastructure and the wider DeFi ecosystem.

Why Circle Wrapped BTC?

cirBTC is designed to provide institutions with a secure and neutral version of wrapped BTC1.

Secure and transparent

Every cirBTC is 1:1 backed by native BTC. Reserves are readily and independently verifiable onchain.

Proven credibility

From issuing an asset, to distributing it globally and building trust, cirBTC is designed with the same foundations as USDC and EURC.

Full-stack flexibility

cirBTC integrates seamlessly with USDC and Circle Mint to offer a single Circle-native end-to-end stack.

WHAT SETS cirBTC APART

Institutional peace of mind with cirBTC

Institutional-grade by design

Designed for eligible institutional participants, including OTC desks, market makers, and DeFi protocols.

Verifiable

Reserves can be independently verified onchain by any counterparty.

Interoperable infrastructure

Multichain cirBTC will support crosschain usage. Now available on Arc and Ethereum, cirBTC is designed for future multichain expansion.

UI screens showing borrowing and depositing cirBTC
Simplify borrowing

Unlock BTC liquidity with cirBTC and Circle Mint

Available to eligible Circle Mint LLC customers, Digital Asset-Backed Borrowing3 turns BTC into on-demand dollar liquidity. Deposit BTC. Mint cirBTC. Use it as collateral on pre-approved lending markets through a wallet you control and receive USDC directly in your Mint account. No extra steps. No credit underwriting. No separate workflows. No selling your sats.

Institutional-grade BTC collateral

cirBTC is the new wrapped BTC standard

Read the whitepaper

Reserves composition

See how BTC reserves are allocated, monitor token supply by network, and view top cirBTC holders by address.
As of .

Total supply

cirBTC
$
USD

Total reserves

BTC
$
USD

Supply by network

Supply
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Arc
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Ethereum
Supply
cirBTC
cirBTC

BTC reserve addresses

Address
Balance
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  1. cirBTC is issued by Circle International Bermuda Limited, a Class F Digital Asset Business licensed and regulated by the Bermuda Monetary Authority. Circle Mint and related distribution services are provided by Circle Internet Financial, LLC, NMLS # 1201441.
  2. Arc is an open L1 blockchain launched by Arc Network Services LLC ("Arc LLC") and operated by a permissioned validator set. Arc LLC provides software services only and does not offer regulated financial or advisory services. Arc has not been reviewed or approved by the New York State Department of Financial Services or any other regulatory authority.

    The Arc network is provided "as is" and "as available." Use of Arc involves inherent risks associated with blockchain technology, including smart contract vulnerabilities, network disruptions, and the absence of recourse for transaction errors or losses. The ability to transact on Arc depends on the ability to obtain and use USDC to pay gas fees. Neither Arc LLC nor any permissioned validator is responsible for the content, accuracy, legality, or functionality of third-party applications, protocols, or services built on or integrated with Arc. You are solely responsible for features or services you provide to users, including obtaining any necessary licenses or approvals and otherwise complying with applicable laws.

    All Arc features may be modified, delayed, or cancelled at any time without notice. Nothing herein constitutes a commitment, warranty, guarantee or legal, regulatory, tax, or investment advice.
  3. Digital Asset-Backed Borrowing is provided by Circle Technology Services, LLC through a customer-controlled Smart Wallet and is available to eligible Circle Mint (Circle Internet Financial, LLC) customers excluding New York clients, and subject to jurisdiction and eligibility.

    The product features described in these materials are for informational purposes only. All product features may be modified, delayed, or cancelled without prior notice, at any time and at the sole discretion of Circle Technology Services, LLC. Nothing herein constitutes a commitment, warranty, guarantee or investment advice.