Circle
Circle is a financial technology company specializing in blockchain-based payment solutions, known for its main stablecoin, USDC.
Products
USD Coin (USDC) is a stablecoin issued by Circle, maintaining a 1:1 peg with the U.S. dollar, backed by U.S. dollars or short-term U.S. Treasury securities.
Euro Coin (EURC) is a euro-pegged stablecoin issued by Circle, fully backed by euro reserves.
Overview
Circle Internet Group, Inc. is a financial technology company that focuses on blockchain-based payment solutions and digital currency infrastructure. It was founded in 2013 by Jeremy Allaire and Sean Neville.
Regulatory Status
Circle holds various regulatory licenses, including money transmitter licenses in 46 U.S. states, a BitLicense from NYDFS, and compliance with the MiCA framework in the EU, among others.
Key Products
Circle issues several stablecoins, including USDC, a U.S. dollar-pegged stablecoin, and EURC, a euro-denominated stablecoin.