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Cycles

Cycles is developing an open clearing protocol that enables people to privately and securely clear debts using currencies or credit of their choice.
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Cycles


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Description

Cycles is the Open Clearing Protocol. It extends debt-clearing capabilities beyond traditional closed bank clearing clubs, allowing people to clear debts privately and securely with forms of currency or credit that suit them.

Category: Payments Infrastructure

Cycles Prime


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Description

Cycles Prime is an invitation-only clearing service for select trading firms, powered by the Cycles protocol. It records bilateral obligations, privately identifies nettable positions using graph algorithms, trusted execution environments, and zero-knowledge proofs, and produces set-off notices and journal reports. Residual balances remain for settlement through existing rails.

Category: FinOps Tooling

Cycles Pay


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Description

Cycles Pay is a privacy-focused payment application for businesses and individuals. It uses zero-knowledge proofs to shield transaction data, supports crypto payments and automatic yield on usable balances, and plans to support direct fiat payments through an integrated virtual bank account. Business features include invoices, bills, and treasury management, while personal users can make private crypto payments. The product is available on web and mobile and is currently collecting feedback from early users.

Category: Payments Infrastructure