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Circle said through its official channel that Circle Mint, its crypto-collateralized lending product for institutional clients, now supports the Aave market. Eligible Circle Mint customers can deposit Bitcoin, mint cirBTC, and then borrow USDC through supported third-party lending markets on ARC or Ethereum.
Circle added that the Aave market support on Circle Mint expands its existing Morpho-based service and does not mean Circle is lending directly.