DeFi

Discover the $CIRX (Circular Protocol) listing on XT

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Singapore, June 25, 2024 (GLOBE NEWSWIRE) — XT, the world’s first socially integrated trading platform, is delighted to announce the listing of CIRX (Circular Protocol) on its platform in the Innovation Zone (DeFi) and THE CIRX/USDT The trading pair started at 08:00 on 2024-06-22 (UTC).

About CIRX
CIRX is the native digital asset of the Circular Layer-1 blockchain with a maximum total supply of 1 trillion coins. Designed to serve multiple functions within the circular ecosystem, CIRX facilitates transactions, encourages network participation, and powers decentralized applications built on the circular protocol. With its upcoming listing on XT, a leading cryptocurrency exchange, CIRX is poised to reach a wider audience and improve its liquidity, making it more accessible to users and investors around the world.

The value proposition of CIRX lies in its utility in various aspects of the circular protocol. Primarily, it serves as a means of paying transaction fees, rewarding node operators for validating and securing the network. Additionally, CIRX holders can participate in governance, voting on proposals that shape the future development and policy decisions of the circular ecosystem. This dual role of facilitating transactions and enabling community governance highlights the integral role of CIRX in the Circular Protocol.

Albin Warin, CEO of XT, shared his excitement regarding the listing of CIRX on the XT exchange, highlighting the circular protocol’s innovative approach to blockchain technology. Warin stated his interest in the upcoming Layer 1 chain: “Circular Protocol’s commitment to creating a secure, scalable, and decentralized blockchain infrastructure is truly remarkable. Their focus on integrating public and private blockchains to meet various regulatory requirements sets a new standard in the field. We believe that Circular Protocol’s advanced layer 1 blockchain will bring significant value to our users and the broader blockchain community.

About the circular protocol
The Circular Protocol, a visionary project in the blockchain space, was designed to solve critical problems in the healthcare industry through innovative data auditing technologies. In 2024, a significant portion of the world’s population still faces difficulties accessing quality medical services, particularly in economically disadvantaged regions. The circular protocol aims to mitigate cases of medical malpractice by ensuring transparent and tamper-proof medical records and clinical trial data, thereby protecting patients and strengthening trust in healthcare systems.

The circular protocol leverages blockchain technology to create a secure and transparent platform for managing medical records and clinical data. By using public and private blockchains, the protocol addresses privacy concerns and ensures compliance with various regulatory requirements such as GDPR and HIPAA. This dual approach not only protects sensitive medical information, but also enables the necessary legal and temporal persistence of data, meeting the complex needs of the healthcare sector.

At the heart of the Circular Protocol is a next-generation, multi-chain Layer 1 blockchain designed to meet the healthcare industry’s strict regulatory standards while remaining adaptable to other industries such as DeFi and GameFi. The protocol’s innovative architecture includes features such as auto-progressive partitioning, decentralized storage gateways, and a reputation-based consensus mechanism. These advancements ensure scalability, security and decentralization, positioning the circular protocol as a robust and versatile solution in the blockchain ecosystem. CIRX’s upcoming listing on XT marks a crucial step in expanding the reach and impact of this groundbreaking project.

Website: circularlabs.io/home
Protocol website: circularprotocol.org
Discord: discord.com/invite/hwZK7PU2aQ
X.com: x.com/circularweb3
Linkedin: linkedin.com/company/circular-labs/
Telegram: t.me/CircularProtocol
GitHub: github.com/CircularProtocol
Facebook: facebook.com/circularweb3

About XT
Founded in 2018, XT serves over 6 million registered users, over 500,000 monthly active users, over 40 million users in the ecosystem, and over 800 tokens with over 1,000 trading pairs. Since then, crypto exchange XT has expanded its offering by covering a wide variety of trading categories in order to provide a secure, reliable and intuitive trading experience to its large user base. One of these additions is crypto futures trading which includes USDT-M and coin-M futures perpetual contracts, as well as copy trading which allows users to replicate top traders in real time in a single click. Additionally, Futures Grid allows users to automate the buying and selling of futures contracts in order to make a profit.
Website: www.xt.com
Twitter: twitter.com/XTexchange
Telegram: t.me/XTsupport_FR

Disclaimer: The information provided in this press release does not constitute an investment solicitation nor is it intended to constitute investment advice, financial advice or trading advice. It is strongly recommended that you perform due diligence, including consulting a professional financial advisor, before investing in or trading cryptocurrencies and securities.




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