Wire · operational-macro
Circle Mint lets institutions borrow USDC against Bitcoin without selling their BTC
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Fusion42 · 22 September 2026 · Fusion42 review
Circle launched a Digital Asset-Backed Borrowing feature on Circle Mint allowing institutions to borrow USDC against Bitcoin without selling their BTC, using wrapped cirBTC as collateral via Morpho on Ethereum and Circle's Arc blockchain. This service supports institutional compliance and excludes New York clients.
This Wire brief sits within Fusion42's coverage of Fintech, and 3 sources have reported it between 21 Sep 2026 and 22 Sep 2026.
◆ ◆ The Wire takeaway
You can now borrow stablecoins without selling Bitcoin, unlocking liquidity while holding BTC upside. This removes a major sell pressure risk and opens new capital deployment options for institutional crypto holders.
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3 sources · first reported 21 Sep 2026 · latest 22 Sep 2026
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