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Circle enables companies to run an internet business using new standards for money powered by USD Coin (USDC), a stablecoin backed by US dollars, which are held in reserve by regulated financial institutions. The tokens themselves are also issued by regulated financial institutions, and every token can be redeemed for one dollar — effectively providing a price-stable cryptocurrency.
Total funding
~$712M
HQ 🇺🇸
Boston, United States
Year founded
2013
Status
Acquired
People
Jeremy Allaire
Founder, Chief Executive Officer
Jeremy Fox-Geen
Chief Financial Officer
Elisabeth Carpenter
Chief Operating Officer
Li Fan
Chief Technology Officer
Mandeep Walia
Chief Compliance Officer
Josh Hawkins
Senior Vice President
Yoon Park
Senior Vice President
Hossein K Razzaghi
Senior Vice President
Paul Camp
Chief Financial Officer, Executive Vice President
Naeem Ishaq
Chief Financial Officer, Executive Vice President
Adam Berrey
Chief Product Officer, Executive Vice President
John Beccia
Chief Compliance Officer
Investors
Concord Acquisition
Fidelity Investments
Valor Capital Group
Breyer Capital
Digital Currency Group
Atlas Merchant Capital
Willett Advisors
Pillar
Marshall Wace Asset Management
FTX
Intersection Growth Partners
Michael Price
Paycheck Protection Program
Accel
General Catalyst
IDG Capital
Pantera Capital
Blockchain Capital
Bitmain Technologies
Tusk Ventures
Baidu
Wanxiang Holdings
China Everbright International
China International Capital Corporation
Sam Palmisano
Glenn Hutchins
CreditEase Fintech Investment Fund
Oak Investment Partners
Goldman Sachs
Fenway Summer Ventures
GS Growth
Leonard Schrank
M. Michele Burns
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