What is USDC?
USDC is a digital dollar, also known as a stablecoin, issued by Circle that’s available 24/7 and moves at internet speed. Built on blockchain technology, USDC provides a more secure way to move money and store value. Every digital dollar of USDC is 100% backed byhighly liquid cash and cash-equivalent assets and is always redeemable 1:1 for US dollars.
What is Circle?
Circle, the issuer of USDC, is a global financial technology company helping money move at internet speed. Circle’s mission is to raise global economic prosperity through the frictionless exchange of value. Circle is a licensed money transmitter under US state law.
What is FinCEN?
FinCEN is the U.S. Treasury Department's bureau that collects and analyzes information on financial transactions to combat money laundering, terrorist financing and other domestic and international financial crimes. Airtm is incorporated in the United States and registered with FinCEN as an MSB(Money Service Business). MSB Registration Number: 31000329787639
How do we secure Peer-to-peer transactions?
When a transaction is initiated, the USDC being exchanged between you and your cashier, which is verified by Airtm to be compliant with such activity on the P2P network, are safeguarded. When the user or the cashier (depending on the type of transaction) confirms receipt of the transfer, Airtm will release the funds and the transaction will be completed in a secure, traceable and transparent manner. We have a Support and Mediation team on standby throughout the process to help you with whatever you need.