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Welcoming the Gateway Team to Circle

Blog post from Circle

Post Details
Company
Date Published
Author
Team Circle
Word Count
283
Company Posts That Month
14
Language
English
Hacker News Points
-
Post removed?
No
Summary

Circle Internet Financial has acquired Gateway DAO, Inc., an onchain privacy protocol, to enhance its stablecoin-based payment infrastructure and commitment to privacy in onchain finance. The acquisition includes Gateway's team, known for their expertise in cryptography, secure computation, and decentralized systems, and their pioneering work in privacy-first applications across various fields such as payments, DeFi, identity, and AI. By integrating Gateway's encrypted computing technology, Circle aims to advance compliant, confidential, and programmable money experiences through USDC, making private, verifiable, and scalable stablecoin transactions feasible. This move underscores Circle's dedication to transforming onchain financial applications and increasing economic opportunities globally.

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