Circle's cirBTC gets one shared balance across Ethereum and Arc
Circle has added Gateway, which gives holders of its Bitcoin-backed token, cirBTC, one combined balance across Ethereum and Arc. Gateway promises fast access once a deposit reaches finality, with a separate seven-day fallback exit. For traders, this is a change in how the token can be used across chains.
Why it matters
- cirBTC holders get one shared balance spanning Ethereum and Arc.
- Fast access is advertised once a deposit reaches finality.
- A separate seven-day fallback exit is available if needed.
What to watch next
Watch whether the advertised fast access after deposit finality holds up in practice, and how often traders rely on the seven-day fallback exit.
