Golden Finance reported that USDC issuer Circle launched a new on-chain compliance platform "Compliance Engine" on September 24, aiming to help companies develop blockchain applications while meeting strict compliance requirements. The platform includes transaction screening, monitoring tools, and services that meet customer identification (KYC) requirements, supporting multiple blockchain networks such as Ethereum and Solana. Circle CEO Jeremy Allaire said that this is the first time that the technology accumulated by the company over the past decade has been opened to developers and operations teams. This move is an important step for Circle to accelerate the application of USDC stablecoins and challenge Tether's market dominance. Currently, USDC has a market value of $36 billion, far lower than USDT's $119 billion. In addition, PYUSD, launched by PayPal, has also joined the competition, with a market value of $1 billion. Circle is also targeting the real-world asset (RWA) market, which may reach trillions of dollars in the future, to boost the adoption of USDC.