Aave Proposal Moves To Add Circle Wrapped Bitcoin As Collateral

TL;DRAave Labs has proposed onboarding Circle Wrapped Bitcoin, or cirBTC, to Aave V3 Core and Aave V4 Core on Ethereum.The proposal says cirBTC is an ERC-20 token backed 1:1 by Bitcoin custodied at a regulated Circle entity.The move is still at the ARFC stage, meaning it needs community feedback, a Snapshot vote and a later AIP before any on-chain implementation.If approved, the listing would give Aave users another Bitcoin-backed collateral option as the market for BTC wrappers becomes more com