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| Type of business | Private |
|---|---|
Type of site | Peer to peer payments |
| Headquarters | , United States |
| Founder(s) | Jeremy Allaire, Sean Neville |
| Key people | Jeremy Allaire (CEO) |
| URL | circle |
| Launched | October 2013 |
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]
- ^ "Circle Internet Financial, Inc.: Private Company Information - Businessweek". Bloomberg. Retrieved 2016-04-13.
- ^ Pressman, Aaron (December 17, 2022). "Amid crypto crash, Boston's Jeremy Allaire may be the last person standing". BostonGlobe.com. Retrieved 2023-03-20.
- ^ Bambysheva, Nina. "Circle Begs Congress: Please Regulate Us". Forbes. Retrieved 2023-06-12.