Circle Launches New Token to Enhance Bitcoin’s Usefulness
Simply put Circle has introduced cirBTC, a new wrapped Bitcoin alternative aimed at enhancing the utilization of Bitcoin for institutions and investors. This token will first be available on the Ethereum mainnet and Arc, Circle’s blockchain dedicated to stablecoins. cirBTC adds to the lineup of wrapped Bitcoin products like BitGo’s WBTC and Coinbase’s cbBTC. Circle […]
Ripple Describes How Its New Prime Brokerage Will Increase RLUSD Adoption and Usefulness
Ripple Acquires Hidden Road, Launches Ripple Prime Ripple has officially completed its acquisition of global prime broker Hidden Road, rebranding it as Ripple Prime. This new division encompasses a range of institutional trading, lending, and clearing services. According to Ripple, the business under its new name has seen substantial growth, reportedly tripling since the initial […]