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.