Circle Yield Description

Invest in a cryptocurrency-based opportunity that is entirely backed by bitcoin collateral, offering yields that surpass those of traditional banking institutions and numerous fixed income options. Circle Yield utilizes USD Coin (USDC), recognized as the foremost digital currency pegged to the dollar. Your bitcoin collateral is securely managed by BitGo, a custodian with a robust reputation and over 400 institutional clients. Collaborating with Genesis Global Capital, Circle Yield ensures that USDC is fully supported by cash reserves and short-term U.S. government securities, guaranteeing its redeemability at a 1:1 ratio for U.S. dollars. Additionally, every month, attestation reports from Grant Thornton are provided to confirm the reserve balances that support USDC, reinforcing the trust in this digital currency's stability. Circle Yield stands out as a reliable option in the evolving landscape of cryptocurrency investments.

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Company Details

Company:
Circle
Year Founded:
2013
Headquarters:
United States
Website:
www.circle.com/en/products/yield

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Product Details

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Web-Based
Types of Training
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Online Support

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