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Circle

Circle Internet Group, Inc. is a financial technology company specializing in digital currency and blockchain-based financial services, known for its main stablecoin, USDC.

HeadquartersNew York City, USA
Founded2013
CEOJeremy Allaire
StagePublic
FoundersJeremy Allaire, Sean Neville
Websitewww.circle.com ↗
X@circle ↗
LinkedIncircle-internet-financial ↗
GitHub@circlefin ↗

Products

USDC active $73.3B
USD Coin
Fiat Backed

USD Coin (USDC) is a stablecoin issued by Circle, maintaining a 1:1 peg with the US dollar, widely used with a market cap exceeding $60 billion.
EURC active $435M
EURC
Fiat Backed

EURC is a euro-backed stablecoin issued by Circle, maintaining a 1:1 peg with the euro and fully compliant with MiCA as an e-money token since July 2024.

Circle Internet Group, Inc. is a leading financial technology company that focuses on digital currency and blockchain-based financial services. Founded in 2013 by Jeremy Allaire and Sean Neville, Circle has grown to become a public company trading on the New York Stock Exchange under the ticker symbol CRCL.

Circle operates as a regulated entity and complies with the Markets in Crypto-Assets (MiCA) regulation in the European Union.

Regulatory Status

EU / France
Electronic Money Institution licence from ACPR; MiCA e-money token issuer for USDC and EURC
licensed2024
Singapore
Major Payment Institution licence under the Payment Services Act
licensed2023
United Kingdom
Authorised Electronic Money Institution
licensed2019
United States / New York
NYDFS Virtual Currency License and Money Transmitter License
licensed2015

Funding

RoundAmountYear
Strategic$110M2018
Strategic financing$440M2021
Strategic investment$400M2022

Frequently Asked Questions

What stablecoins does Circle issue?
Circle issues USDC, its U.S. dollar stablecoin, and EURC, its euro-backed stablecoin. USDC is Circle's largest product, with USDC market capitalization of $73.3B and aggregate Circle stablecoin market capitalization of $73.7B as of 1 July 2026.
Is USDC regulated in Europe?
Circle announced in July 2024 that it had obtained an Electronic Money Institution licence from France's ACPR, allowing USDC and EURC to be issued in the EU under MiCA obligations. Circle later stated that Circle France was authorized to provide custody and transfer services for USDC and EURC across the EEA.
How is USDC backed?
Circle states that USDC is backed by U.S. dollar-denominated reserve assets and redeemable 1:1 for U.S. dollars. The Circle Reserve Fund can hold cash, short-dated U.S. Treasuries and overnight U.S. Treasury repurchase agreements, with BlackRock reporting on the portfolio.
What blockchains is USDC available on?
Circle says USDC is natively supported on 20 blockchain networks as of 1 July 2026. Circle distinguishes native USDC, which is issued directly by Circle on a supported chain, from bridged representations created by third-party bridges.

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