Circle delays its DeFi API product, citing need for regulatory guidance (via _tommatsuda)
Stablecoin issuer and crypto payments company Circle has delayed its DeFi API product.
APIs allow businesses to more simply access each others' systems and Circle had announced the product via a blog post shared by CEO Jeremy Allaireback in June last year. He promised"seamless, safe, secure and regulated infrastructure for accessing and building on DeFi lending markets".
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