Company
Date Published
Author
Team Circle
Word count
753
Language
English
Hacker News points
None

Summary

Circle Internet Financial has announced the launch of USDC, CCTP, Circle Wallets, and Circle Contracts on the Monad blockchain, aiming to enhance secure and capital-efficient stablecoin payments, crosschain liquidity, and enterprise-grade wallet infrastructure. Monad is a high-performance Layer-1 blockchain that offers speed, scalability, low fees, and Ethereum-grade security, making it ideal for developers building DeFi, trading, and payment applications. USDC serves as a regulated stablecoin, facilitating liquidity across DeFi, trading, and payments, while CCTP enables crosschain experiences with 17 additional blockchains without locking up liquidity. Circle Wallets provide flexible infrastructure for creating secure in-app wallets, and Circle Contracts simplify the creation and management of smart contracts. Together, these products underpin various use cases, including DeFi and trading apps, payments and fintech apps, and secure crosschain onboarding. Developers and businesses can now leverage these tools to build next-generation onchain applications and access on/off-ramps to convert fiat currency to USDC on Monad through the Circle platform.