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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.
In October 2018, SeedInvest was acquired by peer-to-peer payment company Circle Internet Financial Ltd. [1] [6] In 2023, StartEngine, a U.S.-based equity crowdfunding platform, officially acquired assets of SeedInvest, from Pluto Holdings, LLC, an affiliate of Circle Internet Financial. [7] The acquisition price of the SeedInvest was not ...
USD Coin (USDC) is a cryptocurrency stablecoin which is issued by Circle. It is pegged to the United States dollar , and is distinct from a central bank digital currency (CBDC). [ 1 ]
Circle Internet Financial, the company behind stablecoin USDC, is moving its global corporate headquarters from Boston to New York City, after filing confidentially earlier this year for a U.S ...
Circle’s decision to hold $3.3 billion with Silicon Valley Bank was a classic disruptor move—Circle was focused on growth, and with banks closing their doors to crypto companies, it went with ...
Circle Internet Financial has begun moving the reserves for its USDC stablecoin into a dedicated fund set up by BlackRock Inc. and registered with the U.S. Securities and Exchange Commission, the ...
Circle is the principal operator of stablecoin USDC and reported a net income of $43 million and nearly $400 million in cash in the third quarter. Earlier valued at $4.5 billion, Boston-based ...
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