cirBTC is designed to help bring a blue-chip BTC collateral layer to onchain credit markets.
Bitcoin has the depth and liquidity to support onchain lending, but collateral quality depends on more than the asset underneath.
→ Reserve integrity
→ Segregated custody
→ Redemption path
→ Onchain verification
→ Issuer incentives
Well-defined collateral can support disciplined risk parameters, reliable liquidations, and deeper participation on both sides of a lending market.
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