Circle is currently researching reversible transactions to help recover funds in cases of fraud and Hacker attacks.

According to Mars Finance, as reported by Cointelegraph, stablecoin issuer Circle is exploring reversible transactions to help recover funds in cases of fraud and hacking incidents, a move that seems to contradict the core principles of irreversibility and decentralization in Crypto Assets trading. Circle's president Heath Tarbert revealed to the Financial Times that the company is researching mechanisms to reverse transactions in cases of fraud or hacking incidents while still maintaining the finality of settlement. He admitted that while considering transaction reversibility, there is a desire to maintain settlement finality, which presents an inherent contradiction. Tarbert also pointed out that although Blockchain is often viewed as the future of finance, drawing lessons from TradFi characteristics can be beneficial; the current financial system has advantages that Blockchain does not possess, and some developers believe that it is necessary and feasible to set a degree of transaction reversibility for fraudulent actions, provided that all parties reach an agreement.