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Description

We provide a comprehensive payments and treasury framework for online enterprises. Our platform enables internet businesses to accept payments and process payouts worldwide seamlessly and efficiently. By utilizing traditional payment systems or adopting blockchain technology, companies can manage their digital transactions in a more scalable and effective manner. Circle acts as a bridge between these two financial ecosystems. The introduction of USD Coin (USDC) marks a significant advancement in the utilization of currency across the internet. Digital dollars function similarly to other types of online content, allowing for rapid transactions and exchanges that are both cost-effective and secure compared to traditional payment methods. As the fastest growing full-reserve stablecoin globally, USDC empowers businesses to operate across borders effortlessly. With our new free business account, companies can send and receive international payments that settle almost instantaneously. Additionally, we invite you to join the waitlist for our high-yield interest rate accounts, which are entirely based on USDC, offering great opportunities for both short and medium-term investments. By embracing USDC, businesses can take advantage of innovative financial solutions that enhance their global operations.

Description

Ducat is a Bitcoin-native lending and stablecoin protocol that enables users to borrow against BTC without transferring custody to a centralized lender. The protocol places Bitcoin into a 2-of-2 Taproot vault and allows borrowers to mint UNIT or receive USDC against the value of their collateral. Loan creation, redemptions, liquidations, and other core mechanics are enforced through Bitcoin transactions and Script rather than through an external blockchain or Layer 2 network. Borrowers can select different collateral ratios based on their preferred risk level and can borrow up to 62.5% of the BTC value held in a vault. Ducat charges a one-time 7% minting fee and does not charge ongoing interest on the loan. A dashboard shows collateral ratios, liquidation prices, BTC price updates, and vault health so users can monitor and manage their borrowing positions. UNIT is a dollar-pegged stablecoin backed by overcollateralized Bitcoin and can be transferred through the protocol's ecash layer or exchanged for USDC. The protocol also includes a liquidation system in which participants can recapitalize undercollateralized vaults and receive discounted BTC. Ducat states that every vault and loan can be independently verified on Bitcoin and that the system can operate without custodians, bridges, or wrapped BTC. Ducat is intended for Bitcoin holders, BTC-focused investors, and decentralized finance users seeking non-custodial access to dollar-denominated liquidity.

API Access

Has API Yes 

API Access

Has API No 

Screenshots View All

Screenshots View All

No images available

Integrations

Bake Yes 
Binance Yes 
BitMart Yes 
Canton Yes 
Coriunder BAAS Yes 
Crypto Backoffice Yes 
DigiFinex Yes 
EXADS Yes 
Exponential DeFi Yes 
Fusebox Yes 
Fyn Yes 
InfStones Yes 
Integral Yes 
Integry Yes 
KuCoin Yes 
Latenode Yes 
Plaid Yes 
XY FINANCE Yes 
YouHodler Yes 
env0 Yes 

Integrations

Bake No 
Binance No 
BitMart No 
Canton No 
Coriunder BAAS No 
Crypto Backoffice No 
DigiFinex No 
EXADS No 
Exponential DeFi No 
Fusebox No 
Fyn No 
InfStones No 
Integral No 
Integry No 
KuCoin No 
Latenode No 
Plaid No 
XY FINANCE No 
YouHodler No 
env0 No 

Pricing Details

No price information available.
Free Trial No 
Free Version Yes 

Pricing Details

No price information available.
Free Trial Yes 
Free Version Yes 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support No 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Types of Training

Training Docs No 
Webinars No 
Live Training (Online) No 
In Person No 

Vendor Details

Company Name

Circle

Founded

2013

Country

United States

Website

www.circle.com

Vendor Details

Company Name

Ducat Protocol

Founded

2000

Country

United Kingdom

Website

ducatprotocol.com

Product Features

Product Features

Alternatives

Alternatives

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