Circles for Business Users

Circles is a means of payment. Exchange with Circles happens upon agreement between two trusted parties about the price and the quantity provided. Here are our initial trusted businesses that use Circles for their business operations.

Listen to their testimonials!

Why Accept Circles (CRC) in your Business?

Berlin Open Pilot Program

In order to encourage the development of a local regional economy with the Circles basic income system, there is a redemption of CRC for Euro on a 1:1 basis to businesses that accept CRC for goods and services. If you are interested to participate in the Berlin Open Pilot, contact us at

Access to Resource Network

By accepting CRC you get to access a pool of resources provided by the different partners in the Trust Network. Using CRC, you can fulfill your supply needs by claiming resources from fellow members within the circular economic ring.

Community Basic Income

By accepting CRC, you give meaning to a basic income system. By selling and buying in CRC, you create the value which powers communities to claim the resources they need to live.

Lower Costs

By accepting CRC, you lower your Euro cost of doing business. You can use CRC to turn any surplus or idle inventory that would otherwise go to waste into additional liquidity. By selling in CRC you can access the things your business needs, thereby lowering your cost of production. For example, you can give CRC to your workers as a payment option, which they can use to access resources within the Trust Network. You can also pay for services that you would otherwise have to pay in national money.

Cooperative Infrastructures

By accepting CRC, you commit to the development of a nascent cooperative infrastructure in your respective industry. Circles strengthens the infrastructure needed to build more resilient localized and complementary supply chains which allow people to access their basic needs at affordable prices, using CRC.

Strong Network Benefits

In order to grow your share of the market and attract new people to your business, you can spend your Circles in marketing services and local forms of advertisement. Similarly, when you sell in CRC, you are growing a loyal customer base and potentially increasing your revenues, both in CRC and in fiat money. CRC helps you create a stronger link to your customers, based on trust and common values.

Early pioneer - innovator - branding opportunity.

What can you do with Circles?

Buying with Circles

You can spend your CRC with the partners that can provide the resources that fulfill your supply needs: distribution/logistics support, marketing, raw materials, food, drinks, etc.

Selling with Circles

You can provide products and services in the network that fulfill someone else's needs and earn more CRC. You can, for example, increase your sales by offering CRC in low business times.


You can pull people's CRC together as donations or contributions and add them to your shared business wallet.

Trust System for Groups and Businesses

How does Circles function in your business?

Anyone with a Circles wallet can create a shared wallet. By creating a shared wallet, you can onboard your business onto the Circles system.

You can then begin adding people in your group or business to be part of the shared wallet!

When you create a shared wallet, it will automatically trust your individual account. For now, permissions are all given equally to everybody. This means that once you add somebody to the shared wallet, they have the power to take you out of it. Make sure you only add trusted individuals to your shared wallet.

Shared wallets can issue payments to other wallets via the trust network of individual wallets.

Shared wallets can receive CRCs from accounts it trusts

If you cannot issue a payment to another person or group using your shared wallet, make sure to trust them as an individual and try again.

Shared wallets do not issue a basic income. Shared wallets can only give trust. Shared wallets cannot receive trust.

Make sure to trust those partners whom you want to receive payment from. If somebody cannot send you money to your shared wallet, it is because there is not a trust path between you and them. Try trusting them and ask them to try again.

Circles vs Bitcoin

CRCs are designed to be a means of exchange for communities and economic circles. Here is an overview of characteristics that might help you to understand Circles better in comparison to Bitcoin:

How to set prices in Circles?

We maintain a 1 to 1 exchange rate between CRCs and Euros. Maintaining this parity will allow you to set prices easier.
But at the end of the day it’s up to you.

Shared Wallet

A shared wallet is a wallet that you can open for any group or organization that you're part of. Every person who has a validated trusted account in Circles can create a shared wallet and add people to it. Shared wallets do not issue a basic income. To fund your shared wallet you must deposit a small amount of CRC to start. You can later send more CRC to it and receive CRC from others as well. Shared wallets can issue payments to others as well as receive payments. In order to receive CRC from others directly, shared wallets must first trust other accounts in order to receive their CRC. Shared wallets do not have a native CRC token of their own but can hold CRC from others. Because of this reason, shared wallets cannot receive trust, they can only give it.

The role of the Circles Cooperative

Open Pilot Program

Community networking

Documentation of business transactions

Knowledge sharing (with a focus on building local economies)

To have a better understanding of Circles, here are some resources:

Access to Credit

Community networking

The coop organizes regular assemblies and encourages committees and workgroups among members. The goal is to build a living resource of knowledge and strategic approaches towards business transactions and creating local economy patterns.
The community can get in touch via telegram channels, moderated Jitsi calls in English and Spanish….

Knowledge sharing

Since Circles is engaging in pioneering work, we will make sure to document the emerging community knowledge around the creation of the local economy. For example: farm, mobility service, Supercoop, restaurants and cafés, coworking space → how does value creation work? What’s the design of the Wirtschaftskreis/ economic circle?


We document business transactions with the goal to build concrete showcases that can serve as best practice and learning examples for other groups.

What about taxing and bookkeeping?

If you are a business, or you accept Circles for some kind of goods or services, you should pay taxes in euros just like you would for any other kind of income: bitcoin, euros, dollar, etc.
Taxation is relative to your jurisdiction and must be handled accordingly. We do not offer tax advice, and recommend that you speak with an expert from your area.
Here are sample tax assessments of concrete economic consumptions of Circles, based on German laws.