Circle Introduces Refund System to Address Blockchain Conflicts
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Circle's Refund Protocol: Circle has launched an escrow-based Refund Protocol on its Arc blockchain, allowing for on-chain dispute resolution and fraud management without external intermediaries, enabling partial reversibility of transactions while maintaining settlement finality.
Operational Efficiency for Corporations: The new system reduces operational burdens for corporate finance by automating dispute resolution and reconciliation processes on-chain, thus enhancing the use of stablecoins like USDC for treasury workflows and daily operations.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
