#CircleIPO Circle — is a fintech company behind one of the most well-known stablecoins — USDC. Unlike many other projects, USDC is fully backed by real assets and undergoes regular audits, making it attractive to institutional investors.
PO (Proof of Reserves) — is the principle by which Circle demonstrates transparency: they publish reports confirming that each USDC token is backed by a dollar or its equivalent. This helps to strengthen trust in digital currencies, especially in conditions where users increasingly doubt the stability of other stablecoins.
Understanding the role of companies like Circle is critical for assessing the stability of the DeFi ecosystem and the development of Web3.
#Circle|PO