Circle is a crypto payment company that provides the infrastructure that enables businesses of all sizes to leverage the power of digital currencies and public blockchains for payments, commerce, and financial applications.The peer-to-peer payments technology startup was founded by Jeremy Allaire and Sean Neville in October 2013, and is best known for being the issuer of the USDC stablecoin ($55 billion in circulation August 2022). USDC is the heart of Circle’s ecosystem is a stable coin launched in 2018 by Circle and Coinbase (COIN).The cryptocurrency operator went public via a SPAC merger deal valued at $9 billion with Concord Acquisition Corp (CND.N), a blank-check firm backed by former Barclays boss Bob Diamond. The Boston-based company terminated an earlier merger agreement with Concord, which had valued Circle at $4.5 billion.
2021 • Public
Circle helps businesses and developers harness the power of digital dollar stablecoins for payments and internet commerce worldwide.
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