Circle Wrapped Bitcoin is here

Circle Wrapped Bitcoin (cirBTC) unlocks utility for institutional markets. Backed 1:1 by BTC that is readily verifiable onchain, cirBTC is live on Ethereum 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 highly secure and neutral version of wrapped BTC.

Secure and transparent

Every cirBTC is 1:1 backed by native BTC. Reserves are readily and independently verifiable onchain., custodied at the Circle National Trust Bank. A federally chartered trust bank and qualified custodian.

Proven credibility

From issuing an asset, to making it liquid, trusted, and usable globally, 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 global standard

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

Verifiable

Reserves can be independently verified onchain in real time by any counterparty.