#CircleIPO Circle is a service for making instant money transfers. The startup Circle was launched in 2013 by Jeremy Allaire and Sean Neville. The Circle application is a platform that allows users not only to send and receive money, but also to store it. In 2015, Circle obtained a BitLicense and began operating as a Bitcoin wallet service to work with cryptocurrencies. The main feature of using Circle is that the Bitcoin stored in the wallet is secured, so in case of theft of money from the user's account, all the money will be compensated. For this, Circle maintains the same amount of cryptocurrencies in its account for all the Bitcoin stored on the platform. Currently, the financial company Circle uses blockchain technology not only for crypto transactions but also for traditional transfers.
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