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Circle Launches Credits Program to Support Blockchain Developers
Circle announced the launch of its new credits program, aimed at supporting developers working on blockchain applications while minimizing associated costs, according to Circle.
Presentation of the Circle Credits program
The Credit Program provides financial assistance to developers by offering credits that can be used to pay for various Web3 services. These include monthly programmable wallet fees, Smart Contract Platform API calls, and gas station fees. This initiative is intended to alleviate the financial burden of implementing blockchain applications, which typically involve transaction fees known as gas fees.
Circle’s new credit program is available to select developers actively pursuing business ideas or use cases with Circle’s Web3 services. Developers can request up to $1,000 in credits, which can be used to offset costs resulting from exceeding the product’s free usage limits. Currently, Circle allows developers to create up to 1,000 wallets and make 25,000 API calls per month on its main network for free.
Complementary financial support programs
In addition to the credit program, Circle also introduced the USDC grant program. This initiative provides direct USDC grants to early-stage projects integrating USDC and Web3 services. Grant recipients also gain access to the Credit Program, making it easier to launch projects faster and more cost-effectively.
Additional resources for developers
In addition to financial support, Circle offers a range of resources to help developers maximize the value of its platform. These resources include sample applications, interactive guides, video tutorials, and training courses. Circle also fosters a vibrant developer community through platforms like Discord and X (formerly Twitter), where developers can network, share knowledge, and collaborate.
Circle’s commitment to reducing barriers for blockchain developers is further demonstrated by its bounty program, which will be announced in the coming months. This program aims to incentivize developers to contribute to the ecosystem by offering financial rewards for their efforts.
Building the future on the Circle platform
Circle’s credit program and other initiatives highlight the company’s commitment to supporting blockchain innovation. By offering financial and educational resources, Circle aims to enable developers to build high-impact applications on its platform. As Circle continues to expand its stablecoin network, the company positions itself as a key player in the blockchain space, enabling broader access to digital financial services.
Developers interested in participating in the credits program can apply via Circle’s official website. For more information and to connect with the community, developers can join Circle’s Discord and follow their X account.
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