{"id":89250,"date":"2025-09-25T12:13:04","date_gmt":"2025-09-25T09:13:04","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=89250"},"modified":"2025-09-25T12:15:14","modified_gmt":"2025-09-25T09:15:14","slug":"circle-explores-reversible-transactions-for-usdc","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/circle-explores-reversible-transactions-for-usdc\/","title":{"rendered":"Circle Explores Reversible Transactions for USDC"},"content":{"rendered":"

Circle, the issuer of the stablecoin<\/a> USDC, is exploring ways to reverse transactions, according to a report by FT<\/a>, citing the company’s president, Heath Tarbert.<\/p>\n

This feature is deemed necessary to combat fraud and align “stablecoins” more closely with traditional finance.<\/p>\n

Tarbert stated that the company aims to combine instant and irrevocable transfers with the ability to reverse funds. This creates “internal tension,” as it contradicts the blockchain’s principle of immutability.<\/p>\n

\n

“The current system has advantages that the crypto industry lacks,” said Tarbert.<\/em><\/p>\n<\/blockquote>\n

The idea has faced criticism. Such measures conflict with a key principle of cryptocurrencies, and some industry participants consider them “heresy.” One venture investor described such a blockchain as “offensive.”<\/p>\n

The reversal mechanism might be implemented in the new Arc network, which Circle is developing<\/a> for financial institutions. There will be no direct transaction reversal. Instead, a second layer will be introduced where parties can agree on counter-payments, similar to credit card chargebacks.<\/p>\n

The Arc network also plans to add a privacy layer. This will allow transaction amounts to be hidden to protect financial information, leaving only wallet addresses visible.<\/p>\n

In August, it was revealed that Circle is integrating<\/a> its network with the institutional platform Fireblocks.<\/p>\n

Later, the Japanese financial conglomerate SBI Holdings announced<\/a> new partnerships with Circle, Ripple Labs, and the Web3<\/a> company Startale.<\/p>\n","protected":false},"excerpt":{"rendered":"

Circle, the issuer of the stablecoin USDC, is exploring ways to reverse transactions, according to FT, citing the company’s president, Heath Tarbert.<\/p>\n","protected":false},"author":1,"featured_media":26216,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Circle explores reversible transactions for USDC to combat fraud.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1220,1227,807],"class_list":["post-89250","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-circle","tag-cryptocurrency-transactions","tag-stablecoins"],"aioseo_notices":[],"amp_enabled":true,"views":"260","promo_type":"1","layout_type":"1","short_excerpt":"Circle explores reversible transactions for USDC to combat fraud.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/89250","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=89250"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/89250\/revisions"}],"predecessor-version":[{"id":89251,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/89250\/revisions\/89251"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/26216"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=89250"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=89250"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=89250"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}