Circle launched KYB, an institutional digital identity credential based on the open source framework Verite

On October 1st, USDC publisher Circle announced the launch of KYB (Know Your Business), an institutional digital credential based on Verit, an open-source framework for decentralized credential issuance, hosting, and verification. Entities with Circle accounts and MetaMask institutional wallets can apply to receive KYB credentials, and eligible businesses will have direct control over how, when, and where their identity attributes are shared, and will not send or store any personally identifiable data on the chain.