Ecosystem Vision

Description

Cycles positions itself as 'The Open Clearing Protocol,' inspired by the way banks have historically formed closed clearing clubs to settle large amounts of debt using little or no actual money. Cycles aims to open up this capability to everyone, allowing individuals and institutions who would otherwise be forced to settle in cash to instead clear debts using any currency or credit that works for them. The company also offers institutional solutions, including a 'Cycles Prime' product line focused on institutional business development and product needs, suggesting it serves both individual and institutional clients in the debt clearing and settlement space.