What is Circles?

Circles is a decentralized monetary system that allows individuals to create and exchange their own currency, known as CRC (Circles Currency). Members of Circles can issue CRC based on trust relationships, enabling transactions within their personal networks or larger community groups. The system is designed to facilitate peer-to-peer exchanges without relying on traditional fiat currencies.

Circles operates as an open protocol, requiring users to manage their currency through a digital wallet, such as Metri. The platform encourages the formation of community groups, which serve as hubs for exchange and foster connections among members with shared interests. These groups can enhance trust and facilitate transactions among participants. Circles aims to provide a flexible and community-driven monetary alternative that adapts to modern technological capabilities. Overall, it seeks to redefine the concept of money by prioritizing trust and collaboration among users.