Morpho enables cirBTC deployment on Arc lending markets

Arc: Arc is Circle's EVM-compatible Layer 1 blockchain designed for financial markets, real-time settlement, and stablecoin-native activity with gas fees paid in USDC. It launched public mainnet on September 16, 2026, with immediate support for protocols like Morpho and assets including cirBTC. The news promotes using Arc Portal to bring cirBTC to the chain and put it to work via Morpho lending. Morpho: Morpho is an onchain credit network that powers lending and borrowing markets across blockchains. It launched as the credit infrastructure on Arc from mainnet day one, enabling variable-rate yield and borrow positions. In this news, Morpho is highlighted as the platform where users deploy cirBTC into lending markets on Arc. cirBTC: cirBTC is Circle's 1:1 BTC-backed wrapped Bitcoin token that enables Bitcoin to interact with smart contracts for lending, borrowing, and trading. It is issued on both Arc and Ethereum with onchain reserve verification. The news focuses on acquiring cirBTC on Arc through swaps or bridges to use it in Morpho lending markets. Arc Portal: Arc Portal is the central interface for onboarding and activity on the Arc blockchain, supporting wallet creation, asset swaps including USDC to cirBTC, bridging from Ethereum, and direct access to earning opportunities. It serves as the starting point referenced in the quoted Arc post for getting cirBTC onto the network. The news directs users there to bridge or swap before deploying assets on Morpho. Launch: Arc public mainnet launched with Morpho as its credit infrastructure alongside other DeFi protocols. Onboarding: Arc Portal provides a unified entry point for swapping, bridging, and accessing Morpho-powered earn features without navigating multiple apps. Asset Utility: cirBTC on Arc enables users to transform idle Bitcoin into productive collateral or lending positions through integrated markets.