Circle, the main stablecoin provider for Coinbase, has added programming functionality to its USDC stablecoin.
Developers Can Use APIs
Circle’s API tools allow developers to automate USDC transactions in multiple ways. An API is a set of tools that allow software developers to interact with an application.
First, Circle’s Payments API allows businesses to receive credit card and debit card payments, then settle those payments in USDC. Jeremy Allaire, CEO of Circle, has suggested that this will speed up payments by allowing businesses to receive funds in “days instead of weeks.”