Circle (company)

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. 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.

Circle Internet Financial Limited
Type of businessPrivate
Type of site
Peer to peer payments
Headquarters
Boston, Massachusetts
,
United States
Founder(s)Jeremy Allaire, Sean Neville
Key peopleJeremy Allaire (CEO)
URLcircle.com
LaunchedOctober 2013 (2013-10)
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