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 <p class="is-style-lead">On Sep. 29, USDC-issuer Circle&nbsp;launched&nbsp;Circle Research, an <a rel="noopener noreferrer nofollow" title="initiative" href="https://thebittimes.com/tag/initiative.html">initiative</a> to <a rel="noopener noreferrer nofollow" title="advance" href="https://thebittimes.com/tag/advance.html">advance</a> crypto, blockchain, and web3 <a rel="noopener noreferrer nofollow" title="innovation" href="https://thebittimes.com/tag/innovation.html">innovation</a> through open-source research.&nbsp;</p> 
 <p>Perimeter Protocol, an open-source standard for building tokenized credit markets on blockchain networks, is the first project by Circle Research.&nbsp;</p> 
 <p>The Perimeter Protocol aims to create a system of intelligent contracts and benchmarks for decentralized credit exchange on public blockchains. This will allow for a seamless flow of capital on secure, transparent, and decentralized networks.&nbsp;</p> 
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  </svg> <span class="cn-block-related-link__prefix"> Read more: </span> Circle files appeal to remove stablecoins from SEC’s Binance lawsuit 
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 <p>The objective is to eliminate obstacles in on-chain lending markets. The Perimeter Protocol facilitates invoice factoring, institutional crypto credit facilities, and merchant financing. It is an open-source platform that allows anyone to utilize, enhance, and contribute to the protocol.</p> 
 <p>Circle is inviting blockchain developers and the broader community to engage with Perimeter’s code base on GitHub, which could help evolve and expand applications for tokenized credit across use cases.&nbsp;</p> 
 <p>Circle Research was established under a charter focused on open-source knowledge sharing, believing that open research and collaboration will <a rel="noopener noreferrer nofollow" title="advance" href="https://thebittimes.com/tag/advance.html">advance</a> the public good and enhance security standards across emerging technologies like crypto and blockchain.</p> 
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  </svg> <span class="cn-block-related-link__prefix"> Read more: </span> Circle’s EURC stablecoin launches on Stellar network 
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/circle-launches-initiative-to-advance-web3-innovation-tbt64579.html">https://thebittimes.com/circle-launches-initiative-to-advance-web3-innovation-tbt64579.html</a></p>

Circle launches initiative to advance web3 innovation

TheBitTimes

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