Blockchain-based company Circle, which specializes in fast, secure and free cryptocurrency transactions, announced on Monday that it is adding the privacy-focused cryptocurrency Monero (XMR/USD) to its Invest application. The announcement followed the addition of another privacy-oriented coin - Zcash (ZEC/USD), the week before. Circle’s currency range included Bitcoin (Bitcoin), Bitcoin Cash (Bitcoin.Cash), Ethereum (ETH/USD), Ethereum Classic (ETC/USD), and Litecoin (LTC/USD) before the inlcusion of the two privacy coins.
Rachel Mayer, Circle’s Invest Senior Product Manager, wrote:
"Last week, we welcomed zcash to the coin family on Circle Invest. Today, we continue to grow our coin collection by supporting monero as our new listed crypto asset. This brings our investable crypto assets to a total of 7 coins, making Circle Invest one of the only platforms you can invest instantly and seamlessly in the widest breadth of coins by using your bank account."
Monero is the 13th cryptocurrency on the market with a capitalization of $3 579 789 035. Last week, the currency initiated a hard fork in order to ensure the network’s resistance to ASIC.
By Nadya Astam