infrastructure

Circle

Circle Internet Financial

Circle Internet Financial is a publicly-traded US-regulated stablecoin issuer (NYSE: CRCL since 2024). Operates USDC, EURC, Circle Mint, CCTP and the Circle Payments Network across 14+ chains.

Official site Documentation Updated today
Scale
Updated 1d ago
TVL
$73.5B
24h volume
$16.2B
USDC supply
$73.5B
EURC supply
$320M
Company

Circle Internet Financial, LLC

Country
United States
HQ
Boston
Founded
Oct 1, 2013
Structure
public
Employees
~900
Key people
  • Jeremy Allaire CEO
  • Heath Tarbert President
Timeline

Timeline

  1. Oct 1, 2013
    Circle founded
  2. Sep 26, 2018
    USDC launches via Centre Consortium
  3. Aug 21, 2023
    Centre Consortium dissolved
  4. Jul 1, 2024
    MiCA EMI authorization in France
  5. Dec 5, 2024
    NYSE IPO (CRCL): $1.05B raised
  6. Mar 1, 2025
    Circle Payments Network launch
Funding and investors

Funding and investors

Total raised: $1.7B
Investors
Goldman SachsBlackRockFidelityAccelBreyerGeneral CatalystIDGPublic (NYSE: CRCL)
Rounds
Oct 15, 2013 Seed $9.0M Jim Breyer
Mar 26, 2014 Series B $17.0M Breyer Capital, Accel
Apr 30, 2015 Series C $50.0M Goldman Sachs, IDG
Jun 22, 2016 Series D $60.0M IDG
May 15, 2018 Series E $110.0M Bitmain, IDG
Apr 12, 2022 Series F $400.0M BlackRock, Fidelity
Dec 5, 2024 IPO (NYSE: CRCL) $1.1B JPMorgan, Citigroup
Products

Products

Own products
  • USDC
  • EURC
  • Circle Mint
  • CCTP v2
  • Circle Payments Network
  • Circle Account
  • Programmable Wallets
Integrations
  • Coinbase
  • Stripe
  • Visa
  • Mastercard pilots
  • BlackRock BUIDL
Stablecoins and chains

Stablecoins and chains

Stablecoins
usdc
Chains
ethereum solana base arbitrum polygon optimism bsc
Security and audits

Security and audits

Audits
  • Deloitte & Touche LLP May 15, 2026 USDC monthly reserve attestation Report →
Historic incidents
  • !March 2023: $3.3B USDC reserves at Silicon Valley Bank triggered 60-hour depeg to $0.88; reserves recovered when FDIC backed SVB depositors.
Risk notes

Risk notes

  • ● US banking system concentration
  • ● Centralized freeze authority
  • ● Public-company quarterly disclosure pressure
Competitors

Competitors

TetherPaxos (PYUSD)First Digital Labs (FDUSD)
Resources

Resources

Notes

For deeper context on Circle’s role in stablecoin commerce, see the blog and the stablecoins index.