What is Bitcoin (BTC)?

BTC definition: What is Bitcoin? Bitcoin is a form of digital currency that aims to eliminate the need for central authorities such as banks or governments. Instead, Bitcoin uses blockchain technology to support peer-to-peer transactions between users on a decentralized network.

Where is circle based?

This article relies excessively on references to primary sources. Circle began as a peer-to-peer payments technology company that now manages stablecoin USDC, a cryptocurrency the value of which is pegged to the U.S. dollar. It was founded by Jeremy Allaire and Sean Neville in October 2013. Circle is headquartered in Boston, Massachusetts.

Is Circle A stablecoin?

Circle launched a stablecoin in 2018 known as USD Coin, backed by $1 or asset with equal, fair value. Circle's website states that its mission is to change the global economy. The company's first product was an app called Circle Pay. The app was a bitcoin trading exchange.

When did Circle get a BitLicense?

In September 2015, Circle received the first BitLicense issued from the New York State Department of Financial Services. In April 2016, the British government approved the first virtual currency licensure to Circle.