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USDC Issuer Circle Debuts New Compliance Technology for Programmable Wallets

  • Circle, the issuer of US Dollar Coin (USDC), has launched a Compliance Engine to help developers meet regulatory requirements and build on-chain financial services.
  • The Compliance Engine integrates with Circle's Programmable Wallets and offers tools such as Transaction Screening and the Travel Rule Service.
  • Circle aims to increase USDC usage by providing a blockchain-based compliance platform that ensures transaction integrity and safety.
  • The Compliance Engine will be available on multiple blockchain platforms, including Avalanche, Ethereum, Polygon PoS, and Solana.

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