Circle Internet Group, Inc.

Circle Internet Group, Inc. aims to increase global economic prosperity by enabling the smooth exchange of value. Founded in 2013, the company believes in connecting the world through a new global economic system built on the internet. This system seeks to allow everyone, everywhere, to share value as easily as information, content, and communications are shared today. The company observes that financial services are transitioning from closed networks to open, standardized infrastructure, similar to the internet's evolution. While the existing financial system supports significant global economic activity, it is limited by old infrastructure and fragmented networks. These limitations lead to high costs, slow settlement, limited interoperability, and barriers to access. Circle sees an opportunity to modernize value movement, enabling faster settlement, lower costs, greater interoperability, and broader access at internet scale. Circle believes that digital assets, public blockchain networks, and related applications and services can address these limitations. They aim to enable secure, efficient storage and transfer of value on the internet that is scalable and accessible. The company's platform, centered on its stablecoin network, is a key component of this emerging internet financial system. Circle is developing one of the largest and most widely used full-stack internet financial platform businesses. The platform's value increases as more companies and developers join its network and build on its infrastructure, creating products and services that enhance utility, expand distribution, and add value to the network.