Circle is a Blockchain that focused on payments & treasury infrastructure for the internet. The cypto has recently announced there partnership with Dapper Labs flow. Dapper is well known for working with the sports, entertainment industry to bring great consumer experiences on blockchain technology. The NFT platform allows fans to buy and sell digital collectibles.
To date, buying and selling virtual goods and digital collectibles on blockchains has relied on cryptocurrency payments. With today’s announcement, Dapper Labs’ Flow apps will add traditional payment options with broader mainstream appeal, removing friction and accelerating adoption. The move also provides the firm with the business benefits of game proceeds in USDC digital dollars, including global payments that settle rapidly, which are irreversible, highly secure, and redeemable 1:1 for US dollars from banks in more than 80 countries.
“We’re proud to work with Circle in building an amazing payments experience for all our customers on Flow, starting with NBA Top Shot,†said Roham Gharegozlou, CEO and co-founder of Dapper Labs, “Circle’s payment technology combined with the performance of our new network, Flow, means any developer can build crypto-enabled applications without sacrificing user experience.â€
“Dapper is a true pioneer in media and entertainment seizing decentralized blockchain technologies to provide consumers with experiences never before possible,†said Jeremy Allaire, CEO and co-founder of Circle. “We are proud to be part of the story, enabling Dapper customers to fully participate in unique and highly engaging digital game economies with familiar methods of sending and receiving payments, while also getting the benefits of digital currency.â€
About Circle
Circle is also the principal operator of USD Coin (USDC), which has become the fastest growing, regulated and fully reserved dollar digital currency. USDC now stands at more than 25 billion and has supported about $700 billion in transactions over the past year.Today, Circle’s transaction and treasury services are giving rise to a new generation of financial services and commerce applications that hold the promise of raising global economic prosperity through the frictionless exchange of financial value.
Circle was founded on a belief that blockchains and digital currency will rewire the global economic system, creating a fundamentally more open, inclusive, efficient and integrated world economy. We envision a global economy where people and businesses everywhere can more freely connect and transact with each other, through a system that has the reach and accessibility of the internet and knows no borders or boundaries. We believe such a system can raise prosperity for people and companies everywhere.
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