Circle CTO: Arc Launch Boosts cirBTC Demand; x402 Facilitator Service Now Live

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Circle CTO: The Arc launch increases demand for cirBTC; the x402 Facilitator service is now live. On-chain updates confirm that all Circle Mint users can now mint and redeem cirBTC directly within the app. The x402 Facilitator service is now active on Arc, supporting Base and Polygon PoS. The token launch underscores the expanding utility of cirBTC across Layer 2 networks.

Circle co-founder and CEO Jeremy Allaire posted on X that demand for cirBTC is growing with the launch of Arc, and all Circle Mint customers can now natively mint and redeem cirBTC directly within the app. Additionally, the Circle x402 Facilitator service is now live on Arc, supporting related processing services on Base and Polygon PoS.

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