Circle Internet Group Inc. (NYSE: CRCL)

Circle Internet Group Inc. (NYSE: CRCL) is a global financial technology company pioneering the infrastructure for a new era of internet-native finance. Through its regulated affiliates, Circle issues the USDC and EURC stablecoins, enabling businesses of all sizes to harness the power of digital currencies and public blockchains for payments, commerce and financial applications worldwide. Circle offers a robust suite of financial and technology services that integrate stablecoins into enterprise products, services and operations, advancing the transformation of global finance.

Driven by a mission to increase global economic access, Circle envisions a future where value moves as freely and instantly as information. The company is building the world’s most widely used and trusted stablecoin network, prioritizing transparency, regulatory compliance and security. With USDC already playing a foundational role in global digital commerce, Circle is committed to setting a new industry standard for financial innovation based on trust and responsible growth.

By placing compliance at the core of its operations and partnering with premier global financial institutions, Circle has emerged as the most licensed stablecoin issuer in the world. With backing from major banks and monthly attestation of reserves by a Big Four accounting firm, Circle ensures that its stablecoins are fully reserved and always redeemable.

The company is headquartered in New York, New York.

Products

At the heart of Circle’s product portfolio are its regulated, fully reserved stablecoins: USDC, pegged to the U.S. dollar, and EURC, pegged to the euro. These digital currencies power instant, borderless transactions and are the backbone of a growing ecosystem of blockchain-enabled finance. Circle’s infrastructure enables businesses to transact globally with speed, certainty and trust.

Circle also offers USYC, a tokenized, yield-bearing money market fund that enables near-instant redemptions to USDC, allowing institutional users to earn regulated yield without sacrificing liquidity. The Circle Payments Network empowers enterprises with 24/7 stablecoin-based payment rails, while its liquidity services offer always-on capital movement infrastructure. For developers, Circle provides APIs and onchain tools to embed stablecoins and smart contracts directly into apps and workflows, accelerating innovation across industries.

Market Opportunity

Circle operates at the intersection of fintech and blockchain, targeting the global digital payments and stablecoin markets, which are undergoing rapid transformation. The global blockchain market is projected to grow from $20.1 billion in 2024 to $248.9 billion by 2029, according to MarketsandMarkets, driven by demand for faster, cheaper, and more secure financial transactions. Stablecoins are expected to play a key role, with their market cap forecast to exceed $2.8 trillion by 2030, according to Bernstein via CoinDesk.

As governments and enterprises seek more efficient and transparent forms of money movement, Circle is uniquely positioned to capture market share through its compliance-first approach and strong institutional partnerships. The push for regulatory clarity in the U.S. and abroad could further solidify Circle’s leadership as a trusted stablecoin issuer.

Leadership Team

Jeremy Allaire, Co-Founder, Chief Executive Officer & Chairman, leads Circle’s overall strategy, vision, and operational execution. He previously co-founded and led Brightcove, served as CTO of Macromedia, and co-founded Allaire Corporation, bringing over 20 years of experience building transformative internet platforms.

Jeremy Fox-Geen, Chief Financial Officer, leads Circle’s financial strategy and operations. He brings 25 years of experience across corporate finance and financial services, including leadership roles at iStar, Safehold, McKinsey, PwC, and Citigroup.

Nikhil Chandhok, Chief Product & Technology Officer, leads Circle’s product, technology, and AI strategy. He previously held senior roles at Meta, Google, YouTube, and Microsoft, focusing on mobile, streaming, AI and augmented reality technologies.