No, the Circles is a new kind of money that anyone can create and use, without needing a bank or government. It has no parity with any fiat currency.
Is Circles (CRC) a stablecoin?
This article describes why CRC is not a stablecoin.
This article describes why CRC is not a stablecoin.
No, the Circles is a new kind of money that anyone can create and use, without needing a bank or government. It has no parity with any fiat currency.