Circle is a fintech company developing payment infrastructure through digital technology. It was founded in 2013 to make cryptocurrency more stable and secure. In 2018, Circle launched USD Coin (USDC), a stablecoin tied to the US dollar to keep its value steady.
Overview
Review
Key Benefits
Stable and Transparent Value
Trustworthy Reserves and Audits
Fast and Affordable Transactions
Accessible on Multiple Blockchains
Regulated and Compliant
Programmable via Smart Contracts
Red Flags
Price Volatility on Third-Party Platforms
Reliance on External Platforms
Regulatory Uncertainty
Risk of Frozen Funds
Cybersecurity and Technical Risks
No FDIC Insurance
Legal and Ownership Complications