🔒 🔒 10,000,000 #XRP (19,955,714 USD) locked in escrow at unknown wallethttps://t.co/2aU6eHP8Af ...

The money was meant for their surrogate but funded a yoga studio instead. Millions of dollars set aside by hopeful parents are vanishing from escrows.🔗: https://t.co/xbvLpASUcl https://t.co/X9wc199cVB ...

The money was meant for their surrogate but funded a yoga studio instead. Millions of dollars set aside by hopeful parents are vanishing from escrows. https://t.co/JR06mDHGJi ...

Circle & USDC Overview - Circle, a fintech company established in 2013, issues stablecoins and is backed by financial service industry pillars like BlackRock and Fidelity [6] - Circle's USDC and EURC are fully reserved 100% with fiat and short-term treasuries in a bank account, ensuring trust and transparency [7] - Since inception, Circle has settled over 26 trillion in transactions across roughly 20 different blockchains [8] - Circle acquired Hashnote, enabling liquidation from a money market into USDC 24/7, 365 days a week [9][10] USDC Programmability & Features - USDC is designed as an internet-native dollar, enhancing programmability and transferability for global transactions in seconds [16][17] - USDC smart contracts include features like allow lists and block lists to protect users from malicious actors [24][25] - The "spend on behalf" feature allows businesses to delegate spending with caps from a USDC wallet balance, scalable to tens of thousands of users [26][28] - USDC contract functions include balance of, total supply, allowance, transfer, transfer from, and approve, enabling innovative experiences [36][37] AI & USDC Integration - Combining USDC with AI enables verification of workflows for escrow agreements and instant settlement [3] - USDC is suitable for agents due to near-instant settlement, built-in verification, 24/7 availability, and programmability [39][43] - Circle's escrow agent application uses Circle Wallets and Circle Contracts API to provision wallets and deploy smart contracts [45] - The escrow process involves parsing agreement details using AI, creating a smart contract, depositing USDC, and verifying task completion with AI before releasing funds [47][57]