Circle Internet Financial, the issuer of USDC, has rolled out the "Compliance Engine" to help companies stay on the right side of the law while building onchain. đ
- **Whatâs New?**
Circle's Compliance Engine offers transaction screening, monitoring tools, and KYC compliance services. CEO Jeremy Allaire says it's a decade in the making!
- **Why It Matters:**
This move aims to boost USDC adoption, competing with giants like Tether's USDT and PayPal's PYUSD.
- **Fun Fact:**
Stablecoin active wallets have doubled since 2022! đ
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