Circle Mint launches borrowing USDC against Bitcoin without selling BTC
Circle launched a Digital Asset-Backed Borrowing feature on its Circle Mint platform, letting eligible institutions unlock USDC liquidity using Bitcoin collateral instead of selling BTC.
Circle launched a Digital Asset-Backed Borrowing feature on its Circle Mint platform, giving eligible institutions a way to unlock USDC liquidity without selling Bitcoin. The company said the offering is aimed at institutional holders and is intended to remove the need to sell Bitcoin to access cash.