Aave Supports Circle Mint Borrowing With cirBTC Collateral
USDC (USDC)
Editor:
Eugene Serbin
cryptowisser.com reports that Aave Labs announced on Tuesday that its protocol is now supported in Circle Mint's Digital Asset-Backed Borrowing product. Eligible Circle Mint LLC customers can now use cirBTC as collateral to borrow USDC from Aave on Arc or Ethereum directly within Circle Mint. Aave is a decentralized finance protocol that allows users to lend and borrow crypto by depositing assets into liquidity pools.
The protocol was originally known as ETHLend when it launched in November 2017 before rebranding to Aave in September 2018. Aave provides holders with discounted fees and governance rights over the protocol's future development. It is a decentralized, open-source, and non-custodial money market protocol where depositors earn interest from liquidity pools.
Borrowers can obtain overcollateralized loans using the liquidity from these pools. AAVE is trading at $175.65 per token, down 2.6% in the last 24 hours. The project allows people to borrow and lend in about 20 cryptocurrencies, offering users greater choice. One of Aave’s flagship products is flash loans, which are uncollateralized loan options that must be paid back within the same transaction.
How the market reacted
Whalio's own Binance spot order flow for USDC, measured when this story was written up on 7 October 2026. Not the outlet's figures.
USDC is trading at $1.00 with a 1-hour buy ratio of 56.3% and a 4-hour buy ratio of 52.3%, indicating that buying pressure is currently building compared to the 24-hour period. The 24-hour buy ratio stands at 49.4%, showing a shift toward balanced or slightly bearish sentiment over the longer timeframe. Volume delta data reveals strong immediate buying activity, with +$20,672,685 in the last hour and +$25,886,627 over four hours. However, the 24-hour volume delta is -$36,955,641, indicating that cumulative selling has outweighed buying over the full day. The Cumulative Volume Delta (CVD) at the 24-hour close is -$10,174,036, confirming net outflow pressure. Spot volume for the period is $2,901,892,322 across 515,234 trades.
The latest daily buy ratio of 50.2% sits at the 73rd percentile of the last 322 days, against a median of 48.4% - stronger buying than most days.
Was that an ordinary day?
The same Binance spot measurements for USDC, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio was 48.5%, making the current 24-hour ratio of 49.4% slightly higher by 0.9 points. Volume was recorded at 0.96x the average, suggesting trading activity is near normal levels. Only 1 of the past 7 days saw net buying, indicating that sustained accumulation is rare for this asset. The 8-day price change is 0.0%, showing stability despite the volume delta of -$662,663,426. This suggests that while short-term buying has spiked, the broader weekly trend remains dominated by net outflows.