Circle Research

Empowering crypto innovation through open-source R&D

Circle Research is committed to open-source principles, making our leading research accessible to the global community. We aim to contribute to the public good and accelerate crypto, blockchain, and Web3 innovation. 

Research contributions

With focus areas like cryptography, cryptocurrency standards, zero-knowledge proof (ZKP) technology, and smart contract development, Circle Research develops insights and reference materials at the cutting edge of our industry.

Latest research

Recibo: Encrypted Messages for ERC-20 Transactions

Introducing Recibo, an innovative smart contract model that enhances ERC-20 token transactions by integrating messages functionality and gasless transfer capabilities. We show how Recibo can be used to incorporate international payment messaging standards such as ISO 20022 to address transaction documentation, regulatory compliance, and user privacy.

Perimeter Protocol

A new standard for credit creation on the internet. Perimeter Protocol is a set of smart contracts built on open standards to enable the seamless exchange of capital on secure, open, and permissionless networks.

Subscribe to receive our latest updates or reach out to collaborate on new research.

Preguntas frecuentes

Circle Research has a charter to accelerate and amplify technical innovation within the crypto industry by developing technical, open-source research with direct applications. Led by a small team of Circle researchers, engineers, and product managers, projects published by Circle Research are committed to public good and open-source contributions to push the boundaries of crypto and blockchain technology.

Yes. Content published by Circle Research is free and available for anyone to consume, use, and build upon.

Yes. Most contributions from Circle Research will include code in our GitHub repository. Anyone can access this open-source code and fork it for their application and use.

We will aim to publish open-source research contributions with code a few times a year. 

Economic Research

Check out our Policy Hub for our latest papers on macroeconomics, stablecoins, digital assets, distributed ledger technology (DLT) and blockchains.