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Circle Internet Financial Limited

Financial Services

Circle Stock

Circle is a pioneering fintech firm that leverages blockchain technology to enable businesses and individuals to move, store, and manage digital currencies seamlessly. At the core of its offerings is USDC, a stablecoin pegged to the US dollar, which facilitates secure and instant global transactions. Circle's solutions extend to cross-border payments, crypto capital markets, and Web3 services, aiming to revolutionize financial interactions through enhanced transparency and efficiency.

Founded: 2013

Circle Website

Circle Company Overview

Founded by Jeremy Allaire and Sean Neville, Circle is a key player in the financial technology sector, focusing on the power of digital currencies to enable a new era of finance. The company's flagship product, the US Dollar Coin (USDC), is a stablecoin that mirrors the value of the US dollar and is designed for a high degree of security and compliance. USDC supports vital fintech applications like remittances, business transactions, and treasury management, providing a dependable medium for preserving value across international borders. Circle's product suite is comprehensive, ranging from its stablecoins including USDC and Euro Coin (EURC) to its Cross-Chain Transfer Protocol, which enhances the fluidity of digital currencies across various blockchain ecosystems. Additionally, the company offers programmable wallets and smart contract platforms that help developers integrate and manage digital currencies within applications. Investment in Circle's technology also supports broader crypto-financial markets through products designed for enterprise use, such as Circle Mint, which allows the conversion of local currencies into digital equivalents. The company emphasizes the importance of transparency and reliability, providing regular attestations on its reserves to back its stablecoins, ensuring trust and security for its users. Circle operates on a global scale, influencing various sectors by integrating digital currency solutions into traditional financial systems. Its innovative approach not only streamlines processes but also offers substantial cost reductions in cross-border transactions, thereby broadening financial access worldwide. This makes Circle an attractive prospect for investors interested in the intersection of cryptocurrency and traditional financial services.

Management Team

Jeremy Allaire Co-founder & CEO
Elisabeth Carpenter COO
Mark duBose Chief Compliance Officer

Funding Information

News

Circle and Grab Pilot Web3 Experiences in Singapore

Circle Internet Financial (Circle) announced a partnership with Grab today to pilot Web3 customer experiences in Singapore through the integration of Circle’s new Web3 Services platform in the Grab app.

Crypto Company Circle Focuses on Growth After Canceled SPAC Merger

Circle plans to boost its head count by as much as 25% this year, focusing on expansion despite industrywide layoffs.

The First Decentralized Identity Proof-of-Concept for Crypto Finance

We plan to issue KYB credentials free to customers and accredited institutions. Learn about the 1st decentralized id proof-of-concept for crypto finance.

Stellar Becomes Third Official Blockchain for USDC Stablecoin

Circle’s USD Coin, a stablecoin pegged to the US dollar, found a new home on the open-source decentralized protocol Stellar.

Dapper Labs and Circle to Transform Purchase Experience for Media & Entertainment on new Flow Blockchain

Circle, a leading global financial technology firm, and Dapper Labs, creators of CryptoKitties and company known for building accessible sports, entertainment and consumer experiences on blockchain technology, today announced a partnership that will enable fans to buy and sell digital collectibles using credit and debit card payments that settle in USD Coin (USDC), the fastest-growing, fully-reserved and regulated digital dollar stablecoin.

Circle unveils new feature allowing businesses to pay sellers in local currencies

Circle businesses can now pay sellers in local fiat currencies in over 80 countries.

Digital Currency Group, Parent of Genesis, Commits $25 Million to Circle

Circle, a digital asset ecosystem that is focusing on stablecoins, has received a $25 million investment from the Digital Currency Group - parent of Genesis.

Circle CEO Claims ‘Explosive’ Stablecoin Demand From Everyday Businesses

Dollar-backed stablecoins are surging in popularity, and much of the demand is from normal businesses, not just crypto traders, Circle’s CEO said.

Circle Aiming to Raise $100 Million in Venture Fund

Crypto startup Circle is aiming to raise $100 million venture capital fund for its freshly acquired equity crowdfunding platform SeedInvest.

Circle Paves The Way For International Crypto Offerings, Becoming First Major Exchange To Receive Bermuda Business License

The Bermuda government has provided Circle with a “Class F” license under their Digital Assets Business Act of 2018 (DABA), making Circle the first major cryptocurrency exchange and wallet service ever to receive such a permit.

Circle Co-Founder: 'It's Critical' Crypto Companies Use Open Standards to Develop Compliant Products

Jeremy Allaire, the co-founder of Circle Internet Financial, a Boston, Massachusetts-based finance company “built on blockchain technology and powered by cryptoassets,” has argued that as the crypto market continues to grow and evolve, there will likely be increased stablecoin adoption.

Circle CEO: Business Is Down But We're Still Growing

"We had very significant growth year last year, even though there was a crypto market bear."

Circle Completes SeedInvest Purchase, Paving the Way for Tokenized Equities

Cryptocurrency exchange startup Circle has closed its acquisition of equity crowdfunding platform SeedInvest.

Crypto Finance Startup Circle Seeking Further $250 Million in Funding: Report

Circle Internet Financial is reportedly looking to raise a further $250 million in funding to counter the bear market slump.

Crypto Finance Startup Circle Seeking Further $250 Million in Funding: Report

Circle Internet Financial is reportedly looking to raise a further $250 million in funding to counter the bear market slump.

Circle Introduces Market Surveillance to Fight Insider Trading, 'Pump and Dump' Schemes

Circle plans to ensure it is protected against malicious trading schemes and on the right side of regulators.

Crypto Exchange Circle Partners With Financial Surveillance Provider Nice Actimize

The cryptocurrency finance firm Circle has announced a partnership with Nice Actimize financial crime detection and prevention technologies unit.

Bear Market Bites Bitcoin Unicorn Circle, Shares Plunge 80%: Report

Major cryptocurrency companies like Circle are reportedly feeling the heat from Crypto Winter, with Bitcoin unicorn valuations down as much as 80%.

Circle on the Forbes Fintech 50 List

Circle on the Forbes Fintech 50 List

Circle’s USDC Stablecoin Fully Dollar Backed, Says Latest Auditor's Report

Crypto finance startup Circle’s USDC stablecoin was fully backed with fiat reserves at the close of 2018, according to auditing firm Grant Thornton.

Bitcoin Price Drops Further As Circle CEO Says 'Core' Crypto Assets 'Undervalued'

Circle CEO Jeremy Allaire has said he believes “core” cryptocurrency assets are undervalued as the Bitcoin price tumbles closer to $3500. Allaire: Circle CEO Jeremy Allaire has said he believes “core” cryptocurrency assets are undervalued as the Bitcoin price tumbles closer to $3500.

Circle CEO: Crypto Will Have a Bigger Impact than the Web

As part of Circle's Ask Me Anything today, the CEO has stated that he believes crypto will have a greater impact on humanity than the web.

Circle Executed $24 Billion in OTC Trades in 2018

Crypto finance firm Circle reported a notional trade volume of $24 billion in 2018 at its over-the-counter trading desk.

Circle Launches Crypto Reward Program to Attract New Customers

Crypto finance startup Circle has announced the launch of a new reward program in a bid to attract new customers to its Circle Invest platform.

Circle Joins Industry Body for Developing Global Crypto Standards

Circle has joined industry body Global Digital Finance as a founding member to develop global rules and best practices for crypto firms.

Coinbase and Circle forge stablecoin partnership

Circle and Coinbase have co-founded the CENTRE Consortium, a joint venture aimed at establishing a standard for fiat on the internet and providing a governance framework and network for the global, mainstream adoption of fiat stablecoins.