Uniswap processes 90% of the trading volume for Circle Wrapped Bitcoin (cirBTC) on the Arc network, allowing users to swap cirBTC and add liquidity without needing a Circle account. cirBTC is a Bitcoin-backed token designed to integrate Bitcoin into smart-contract applications for trading, lending, and settlement. The token supply is fully backed by Bitcoin reserves, with most of the supply active on Arc, a network optimized for lending and trading applications. This development enhances Bitcoin's usability in decentralized finance without requiring holders to sell their Bitcoin.
Uniswap's processing of 90% of Circle Wrapped Bitcoin (cirBTC) trading on Arc provides context for readers. As of Oct 24, 2026 22:21 WIB, out of 50 major cryptocurrencies on Pluang, only 3 rose while 46 fell. Notable moves include SXP down 46.27% at Rp37, COTI down 11.17% at Rp191 with 84% sell order activity, and BAL up 11.14% at Rp16.297.
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