Eligible users of the Arc and Ethereum platforms can now secure USDC through a collateralized lending system using cirBTC. This functionality utilizes the Morpho protocol within Circle Mint to provide liquidity without requiring the sale of Bitcoin, although institutional customers located in New York are excluded. Borrowing terms remain dependent on market conditions, and users who supply collateral via controlled wallets face liquidation risks.

Aave will provide future support as a subsequent lending integration to expand the ecosystem. The service allows institutional clients to maintain their Bitcoin holdings while leveraging them for stablecoin assets, integrating these capabilities directly into the Circle Mint environment for those on supported networks.