Circle Internet Group, Inc.
Circle Internet Group, Inc. is a public American fintech company and the parent company of the Circle group. It is incorporated in the State of Delaware, and its principal executive office is in New York. The Circle business was founded in August 2013 by Jeremy Allaire and P. Sean Neville. Circle Internet Group, Inc. became the parent company of the group on 1 July 2024 as a result of a corporate reorganization. Jeremy Allaire holds the positions of chair and CEO. USDC is issued by Circle Internet Financial, LLC and Circle Internet Financial Europe SAS depending on the applicable jurisdiction and terms of service. How the token itself works is covered in the USDC profile.
Public status
Class A shares of Circle Internet Group, Inc. began trading on the New York Stock Exchange on 5 June 2025 under the ticker CRCL. Information about the share price, market capitalization, and trading volumes are changing figures and are not included in the permanent profile.
Regulation and licenses
Circle Internet Financial Europe SAS is an electronic money institution supervised by the French ACPR and, in April 2026, received in France a crypto-asset service provider (CASP) license (AMF E2026-005).
According to Circle’s Form 10-Q, on 9 July 2026 the company received final OCC approval to establish First National Digital Currency Bank, N.A., operating under the name Circle National Trust. The bank began operating on 24 July 2026 and, at opening, provided Circle and its affiliates with fiduciary services for the custody of digital assets. The said Form 10-Q does not report that the management of the USDC reserve has been transferred to the bank.
On 31 July 2026 Circle also received from the New York State Department of Financial Services a limited-purpose trust charter to establish Circle Internet Trust Company LLC, a New York State trust company. The current legal issuers of USDC are Circle Internet Financial, LLC and Circle Internet Financial Europe SAS. The reserve and attestation model is covered separately in the USDC profile and the article what are reserves.