CRCL

Circle Internet Group, Inc. operates Circle, a global financial technology company providing digital currency infrastructure and stablecoin solutions. The company issues and manages USDC, one of the world's largest U.S. dollar-backed stablecoins used for payments, trading, and decentralized finance applications. Circle provides payment and treasury infrastructure enabling businesses to accept, store, and disburse digital currencies. USDC is designed to maintain a 1:1 peg with the U.S. dollar through reserves held in cash and short-term U.S. government securities. Founded in 2013 by Jeremy Allaire and Sean Neville and headquartered in Boston, Massachusetts, Circle went public through SPAC merger in 2024. The company benefits from USDC adoption in crypto markets, cross-border payments, and decentralized finance ecosystems. Circle faces intense competition from Tether's USDT, regulatory uncertainties regarding stablecoins, operational risks, technology challenges, and crypto market volatility affecting demand. The company operates in evolving regulatory environments with uncertain stablecoin frameworks. Circle continues to invest in compliance, product development, and partnerships to establish USDC as trusted digital dollar infrastructure for the internet economy.