Circle introduction
Circle Internet Financial, a Boston-based bitcoin startup, develops tools for consumers to use bitcoin. In the past, Circle was a consumer-grade Bitcoin wallet tool that provided services such as payment, transfer, and zero-cost cross-border transactions, and they are transforming towards a real cryptocurrency service company, not an exchange or payment service startup. How the outside world has positioned the company in the past. Since its establishment, the company has been favored by capital, with investors including Goldman Sachs, IDG Capital, Bitmain and hedge fund Pantera Capital. Circle will target one of the most important elements of the encrypted economy. They have acquired the old encrypted digital currency exchange Poloniex and delisted some tokens from the trading platform. They are planning to issue USD-C against the US dollar through their CENTER project. Promote its products and services, and will be regulated and backed by a real government currency. The stable digital currency stablecoin project will be the key to Circle's maturity and continued expansion as part of its mobile payment application, over-the-counter OTC business and its exchange services, aiming to address the global cryptocurrency trading platform and the perception of today's market leaders to replace central banking operations with high-tech products.