Circle (company)

Circle Internet Financial Limited
Type of businessPrivate
Type of site
Peer to peer payments
Headquarters,
United States
Founder(s)Jeremy Allaire, Sean Neville
Key peopleJeremy Allaire (CEO)
URLcircle.com
LaunchedOctober 2013; 11 years ago (2013-10)

Circle (legally Circle Internet Financial Limited) is a peer-to-peer payments technology company that now manages stablecoin USDC, a cryptocurrency the value of which is pegged to the U.S. dollar. It was founded by Jeremy Allaire and Sean Neville in October 2013. Circle is headquartered in Boston, Massachusetts.[1][2] USDC, the second largest stablecoin worldwide, is designed to hold at or near a stable price of $1. The majority of its stablecoin collateral is held in short-term U.S. government securities.[3]

  1. ^ "Circle Internet Financial, Inc.: Private Company Information - Businessweek". Bloomberg. Retrieved 2016-04-13.
  2. ^ Pressman, Aaron (December 17, 2022). "Amid crypto crash, Boston's Jeremy Allaire may be the last person standing". BostonGlobe.com. Retrieved 2023-03-20.
  3. ^ Bambysheva, Nina. "Circle Begs Congress: Please Regulate Us". Forbes. Retrieved 2023-06-12.