Circle to acquire Web3 platform Cybavo, bolstering its stablecoin adoption -Breaking
Circle, a peer to peer financial services company, agreed to purchase Cybavo, an infrastructure platform for digital assets. Circle will now be able offer infrastructure as a service to companies looking to get involved in Web3.
The platform will allow developers to focus on developing their products and not have to deal with digital asset operations or security. Circle and CYBAVO plan to promote adoption of the (Friday press release).USDCWeb3 and.NET applications, while seamlessly integrating technology into the core products.