top of page

USDC issuer Circle launches MPC wallet beta for Ethereum, Polygon, Avalanche

USD Coin issuer Circle has released a beta version of a multiparty computation (MPC) wallet service, according to an Aug. 8 announcement. The new service will allow developers of decentralized finance (DeFi) apps, Web3 video games, e-commerce services and other blockchain applications to create customized wallets specifically for their users. It will be available initially on Ethereum, Avalanche and Polygon. MPC wallets are secured by splitting a user’s private key into multiple shards and distributing them through a decentralized network. Circle, the new service will allow developers to “choose the best wallet security and control configurations.”

Check out the hashd app. It gives you important crypto news and updates in short, simple and easy to read slides. Amazing!


bottom of page