Connect with us

Digital Securities

Securitize to Support USDC

mm

Updated

 on

Announcement

It was recently announced by Circle, that their ecosystem surrounding their stablecoin, USDC, has expanded. This growth saw the inclusion of Securitize – a stalwart in the digital securities sector.

By including Securitize on their list of supported platforms, the USDC eco-system now grows to over 100 strong.

While it is not fully clear how Securitize intends to support USDC, they have multiple ways of doing so. The most obvious is to allow for support of USDC as a means of payment for investors interested in utilizing it.

Stablecoins

Stablecoins, along with digital securities, have been identified various times recently as the hot trends for this coming year. It is no surprise that we see each of these offerings being married together in such a fashion.

While digital securities have captured the attention of investors due to the promised transparency and liquidity, Stablecoins have a different allure. Stablecoins typically appeal to investors, because they are able to function with the efficiency of a cryptocurrency, but avoid the volatility typically associated with such assets.

Much as the market competition is heating up for Securitize, the same goes for Circle’s USDC. Noteworthy alternatives would include offerings such as the Gemini Coin, Paxos, and good ol’ Tether.

Circle

Circle is a financial services company, which operates out of Boston. The company was founded in 2013 by Sean Neville and Jeremy Allaire.

Jeremy Allaire is a vocal believer in blockchain technologies, recently stating “Crypto is fundamental to the future. We need tamper-proof, resilient, decentralized infrastructure if we want society to survive the digital age.”

Since their inception, Circle has managed to grow in to a powerhouse. Recognizing the potential of cryptocurrencies, Circle made waves last year with the $440 million purchase of Poloniex.

Securitize

Securitize specializes in helping companies throughout the process of tokenization. This means that they provide comprehensive services which cover the various stages of the process. These services entail legal compliance, token issuance, and everything in between.

Securitize maintains its headquarters in San Francisco. Since beginning operations in 2017, Securitize has managed to establish themselves as a leader in the digital securities sector. Currently, company operations are overseen by CEO, Carlos Domingo.

While Securitize is well known among blockchain enthusiasts, the company hopes to expand their influence in the future. For instance, they envision their influence branching beyond blockchain, to help companies from every industry through the tokenization process.

In Other News

Both Securitize and Circle have found themselves in our headlines as of late. While Circle has been working to establish their very own stablecoin, Securitize has been dipping their toes in global expansion. Here is a brief look at a few of those articles.

IBM Blockchain Accelerator Accepts Securitize

Securitize Grows Asian Footprint

Circle Identifies Emerging Trends

Joshua Stoner is a multi-faceted working professional. He has a great interest in the revolutionary 'blockchain' technology. In addition to this, he is a licenced Paramedic in Nova Scotia, Canada. As such, he can provide emergency care/medicine to any situation necessitating it.

Newsletter Subscription

Advertiser Disclosure: Securities.io is committed to rigorous editorial standards to provide our readers with accurate reviews and ratings. We may receive compensation when you click on links to products we reviewed.

ESMA: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Investment advice disclaimer: The information contained on this website is provided for educational purposes, and does not constitute investment advice.

Trading Risk Disclaimer: There is a very high degree of risk involved in trading securities. Trading in any type of financial product including forex, CFDs, stocks, and cryptocurrencies.

This risk is higher with Cryptocurrencies due to markets being decentralized and non-regulated. You should be aware that you may lose a significant portion of your portfolio.

Securities.io is not a registered broker, analyst, or investment advisor.