Converge22 Dispatch #3: Announcing Web3 Services for Developers

Circle Internet Financial's inaugural crypto conference, Converge22, introduced Circle Web3 Services, a new offering aimed at empowering developers in the Web3 space by simplifying the process of building blockchain-based applications. Announced alongside updates to Circle's existing product suite, the Web3 Services are designed to address the challenges of developing secure and compliant Web3 applications by providing a comprehensive developer platform that includes secure custody solutions, programmable wallets, and access to a wide range of blockchain networks and tokens. The acquisition of CYBAVO has enabled Circle to enhance its security offerings with advanced multi-party computation (MPC) wallets, while the integration of Verite, a decentralized identity protocol, ensures compliance with financial regulations. By facilitating a seamless connection to the blockchain ecosystem and offering robust security and compliance features, Circle aims to accelerate the adoption of Web3 technologies and support the creation of a global, internet-native financial infrastructure.