Circle
The company behind USDC, focused on building transparent and compliant digital asset solutions.
What is Circle?
Circle, a U.S.-based fintech company, issues USDC, a leading USD-pegged stablecoin. Founded in 2013, Circle emphasizes regulatory compliance and transparency, publishing weekly attestations to verify USDC’s reserves, which consist of cash and U.S. Treasuries. Circle’s infrastructure supports payments, DeFi, and cross-border transactions, positioning it as a key player in bridging traditional finance and digital assets. The company collaborates with regulators and law enforcement to ensure compliance with anti-money laundering (AML) and financial stability standards, enhancing trust in USDC’s ecosystem.
Related Terms
Custody
Secure storage and management of digital assets by qualified third-party institutions, ensuring protection against theft and unauthorized access.
Stablecoin
Stablecoin is designed to maintain stable value by pegging to fiat currencies, commodities, or algorithms to minimize volatility.
Legal Tender
Currency mandated by law for debt settlement, including digital forms.
Embedded Call Option
A call option integrated into a security, like converts, allowing conversion to equity.
Coin
A digital asset that operates on its own independent blockchain, distinct from tokens that rely on another blockchain’s infrastructure.
Active Management Burden
The ongoing requirement for liquidity providers to monitor and adjust positions in DeFi to optimize returns and mitigate risks.