Uniswap Says It Processes 90% of Circle Wrapped Bitcoin (cirBTC) Trading on Arc

Uniswap said it processes 90% of Circle Wrapped Bitcoin (cirBTC)’s trading volume on Arc, a share that covers the token’s activity rather than all trading on the network. Users can swap cirBTC and add liquidity through the Uniswap Web App without opening a Circle account. The app provides access to trading and liquidity services for the Bitcoin-backed token on Arc. Circle Wrapped Bitcoin is backed one-to-one by Bitcoin (BTC) and was designed to bring BTC into applications for trading, lending and settlement. Its use on Arc places the token in a network designed to support lending and trading applications.