Circle is a cryptocurrency platform and digital currency based on blockchain technology. It was founded in 2013 by Jeremy Allaire and Sean Neville with the goal of making it easier for people to use digital money. Circle uses peer-to-peer transactions, smart contracts, stablecoins, open APIs, and other features to provide users with an easy way to send and receive payments worldwide using their cryptocurrency wallet.
The main feature that sets Circle apart from many other cryptocurrencies is its ability to quickly convert one form of digital currency into another without having to go through any banking or third party services like PayPal or Western Union. This makes it particularly attractive as a method of payment when sending funds internationally because there are no fees associated with this type of transaction. In addition, transfers between wallets can be done instantly – which means no waiting around for days while your funds clear before they arrive at their destination.
Circle also offers additional features such as multi signature accounts where multiple parties need approval before sending out payments; financial privacy protection so you don’t have to reveal all personal details every time you make a payment; improved security measures against hackers; decentralized exchange (DEX) capabilities allowing customers access crypto markets directly from within the app itself; integrated merchant tools enabling businesses accept digital currencies without needing specialized hardware/software solutions; customizable user interfaces that enable anyone create custom applications tailored specifically towards their needs & requirements etc..
In order for users take advantage off all these benefits offered by Circle’s platform they must first purchase some Circles tokens either via external exchanges or through direct funding options available on the official circle website . Once purchased , these tokens can then be used in various ways – sent over online networks globally , stored securely in individual wallets or exchanged for fiat currencies depending upon what suits them best .
