Circle has introduced a new borrowing service for institutional clients that allows them to use Bitcoin as collateral to borrow USDC without selling their BTC holdings. The service operates on the Arc and Ethereum networks through Circle Mint accounts, with Morpho as the initial lending protocol and Aave expected to join later. Institutions deposit Bitcoin, mint cirBTC (a wrapped Bitcoin token), and use it as collateral to borrow USDC, maintaining exposure to their Bitcoin. The service excludes retail users and New York customers, with collateral and lending managed by third-party protocols rather than Circle itself.
Circle's new Bitcoin-backed USDC borrowing service launches on Arc and Ethereum. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Sep 22, 2026 16:02 WIB: out of 50 major cryptocurrencies, 39 rose and 10 fell today. Notable movers include ZIL at Rp67 with a 4.42% increase and a typical hold time of 132 days, AXS at Rp19,088 up 4.32% with 97% sell order activity, and SAND at Rp765 rising 4.03% with 89% buy order activity.
The Canine Project announced the launch of FURVIVE, an all-in-one restorative shampoo, conditioner, and body wash for dogs, set to release on October 15, 2026. Created by skincare experts, FURVIVE features Brazilian Copaiba and other premium skincare...
Parex Resources announced its Q3 2026 average production reached 83,259 barrels of oil equivalent per day, driven by exploration success and a partnership with Ecopetrol. The company reaffirmed its H2 2026 production guidance of 82,000 to 91,000 boe/...
EnergyLIB is entering a new growth phase following a proposed strategic investment by Nasdaq-listed Cheche Group in its residential solar-plus-storage business, Long Way Fortune. This investment supports Cheche Group's expansion into the global resid...
Copa Holdings announced preliminary passenger traffic data for September 2026, showing a 17.1% increase in revenue passenger miles (RPM) to 2,674.4 million and a 15.7% rise in available seat miles (ASM) to 3,041.0 million compared to September 2025. ...
Bitdeer Technologies Group has issued a notice asking journalists and readers to disregard a previously released news statement about Bitdeer AI securing 60MW at its Cyberjaya, Malaysia facility and reaching 95% of its 350MW target capacity. This ret...
