Investment
Features
FeesSafety
Academy
More
Pluang+

Circle Mint enables institutions to borrow USDC using Bitcoin as collateral without selling BTC.

Protocol Fundamentals
21 Sep 2026
Crypto Briefing
View Source
Bullish
Circle Mint enables institutions to borrow USDC using Bitcoin as collateral without selling BTC.

Circle Mint has launched a new Digital Asset-Backed Borrowing feature allowing institutions to borrow USDC against their Bitcoin holdings without selling the BTC. The process involves wrapping BTC into cirBTC tokens, which serve as collateral in Morpho lending markets on Ethereum and Circle's Arc blockchain. This enables institutions to access liquidity while retaining their Bitcoin exposure, avoiding taxable sales. The service excludes New York clients and saw over $150 million in deposits on its first day, signaling strong demand. Circle plans to expand integrations to other protocols like Aave, and the move also supports activity growth on its Arc blockchain.

The news about Circle Mint's new borrowing feature against Bitcoin is presented here with Pluang's cryptocurrency market data for context. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Sep 21, 2026 22:21 WIB: out of 50 major cryptocurrencies, 46 rose and 3 fell today. Among notable movers, VeChain (VET) rose 9.68% to Rp159 with a typical hold time of 146 days and a sell-biased order activity of 62%, while Terra Classic (LUNC) increased 9.66% to Rp0,991 with a longer hold time of 193 days and a buy-biased order activity of 67%. Litecoin (LTC) also gained 9.36%, priced at Rp1,108,694, with a shorter hold time of 78 days and a buy-biased order activity of 75%.

More News

Alkermes' ALKS7290 shows strong early results in ADHD treatment, boosting stock by 2.3%.

Alkermes' ALKS7290 shows strong early results in ADHD treatment, boosting stock by 2.3%.

Alkermes plc's drug ALKS7290 demonstrated significant improvement in ADHD symptoms in a Phase 1b trial, with patients showing a 14- to 19-point gain on a 54-point scale within two weeks. This outperforms typical placebo effects, which range from 6 to...

Market News
Bullish
2 hours ago
Morgan Stanley upgrades NNN REIT to Overweight, citing strong income and 6% dividend yield.

Morgan Stanley upgrades NNN REIT to Overweight, citing strong income and 6% dividend yield.

Morgan Stanley upgraded NNN REIT from Neutral to Overweight due to its stable income and strong financial health. The REIT boasts a 99.1% occupancy rate and 97.5% fixed-rate debt, ensuring steady rental income and protection against interest rate hik...

Analyst Insights
Bullish
3 hours ago
World Liberty Financial proposes 180-day token lock with active voting for rewards

World Liberty Financial proposes 180-day token lock with active voting for rewards

World Liberty Financial has launched a governance vote proposing a new rewards program for WLFI token holders. To earn rewards, holders must lock their tokens for 180 days and actively vote on governance proposals at least once every 90 days, with de...

Protocol Fundamentals
Bullish
4 hours ago
Bitcoin nears $86K, highest in 8 months, but US demand remains weak with negative Coinbase premium.

Bitcoin nears $86K, highest in 8 months, but US demand remains weak with negative Coinbase premium.

Bitcoin's price approached $86,000, its highest level in eight months, marking a 6% increase in 24 hours and over 30% since August 19. Despite this rise, US spot demand remains weak as indicated by the slightly negative Coinbase premium, suggesting l...

Market News
Bullish
4 hours ago
Kraken's parent plans U.S. perpetual futures on Hyperliquid, boosting HYPE token near $100.

Kraken's parent plans U.S. perpetual futures on Hyperliquid, boosting HYPE token near $100.

Kraken's parent company, Payward, announced plans to offer perpetual futures on the Hyperliquid blockchain via the regulated Bitnomial exchange in the U.S., driving the HYPE token price close to $100. However, this plan is still a proposal awaiting r...

Market News
Bullish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App