Just when I thought Circle would be partnering with Barclays, then I see this.... What happened with that deal? I like this part the most about that article... " Circle mentioned how they are on track to
surpass US$1bn in transaction volume for the year 2016. All of this volume is handled by the Bitcoin network, with no government authority or central bank control. The open nature of the Bitcoin
protocol allows anyone to move money freely around the world, in a matter of seconds. "
Topic: [2016-06-23] Circle Expands Bitcoin-based Money Transfer Service To China (Read 256 times)
June 23, 2016, 12:25:12 PM
June 23, 2016, 06:41:18 AM
Bitcoin is part of this process, as Circle converts the incoming currency to Bitcoin. This amount is then moved to a different address belonging to the recipient. Once the transfer has been initiated, receivers can determine if they want to keep funds in Bitcoin, or convert it to local currency. Their entire business model shows off the strengths of the Bitcoin protocol and adds a social layer on top of it all.
http://fintechist.com/circle-bitcoin-money-transfer-china/
http://fintechist.com/circle-bitcoin-money-transfer-china/
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