CASE STUDY
Product
Protocol
Region
Global
Circle Research was created by Circle to contribute open-source research and reference materials that will help advance standards and infrastructure for public blockchain development and the USDC ecosystem. With USDC-based credit and lending applications quickly emerging as a burgeoning pocket of Circle’s ecosystem, Circle Research set out to support these developments, and including the creation of the open-source Perimeter Protocol - a set of smart contracts built on open standards for USDC-based credit applications.
OpenTrade & Circle Research
Drawing on OpenTrade’s experience with USDC and on-chain credit applications, Circle Research worked with OpenTrade as a development partner on Perimeter.
Value unlocked
OpenTrade’s implementation of the Perimeter Protocol allows the entire transaction lifecycle to be managed on-chain in a way that brings further utility value to USDC as a true digital dollar alternative. For OpenTrade’s clients building on USDC, the ability to manage investments in and out of RWAs and power their own applications entirely on-chain allows them to unlock even further value from their digital dollar infrastructure.
Key benefits & features
Fully open-source, built on open standards
Manage end-to-end transaction lifecycles on-chain with full traceability
Easily integrate your existing wallet / on-chain infrastructure
Enhance value of USDC products without ever having to off-ramp