---
title: "Background and Development of Circle"
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000228832.md"
description: "$Circle(CRCL.US) Circle was co-founded in 2013 by serial entrepreneurs Jeremy Allaire and Sean Neville.Founder Jeremy Allaire brings extensive experience in internet entrepreneurship and a strong back..."
datetime: "2025-09-12T09:40:36.000Z"
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  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000228832.md)
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author: "[Show_down](https://longbridge.com/en/profiles/16656602.md)"
generator: "portal-rs"
---

# Background and Development of Circle

$Circle(CRCL.US) Circle was co-founded in 2013 by serial entrepreneurs Jeremy Allaire and Sean Neville.

Founder Jeremy Allaire brings extensive experience in internet entrepreneurship and a strong background in political economy. Inspired by the global financial crisis of 2008, he set out to leverage blockchain technology to reshape the global financial system.

With a mission to "increase global economic prosperity through frictionless value exchange," the company is committed to becoming a world-leading issuer of compliant stablecoins.

Circle's core team is built on a "regulation-first" approach, incorporating expertise from former government officials, financial giants, and the internet industry, laying a solid foundation for the company’s global compliance operations.

The development of Circle reflects its strategic focus and market expansion, with key milestones including:

**a. Startup and Transformation (2013–2017):**

Initially positioned as a digital payment company similar to Alipay, Circle shifted its strategic focus to compliance-driven blockchain infrastructure as the market evolved.

**b. Launch of USDC (2018):**

Circle partnered with Coinbase to launch the USD-pegged compliant stablecoin USDC. With high transparency, strict reserve audits, and strong integration with mainstream financial systems, USDC quickly gained market recognition.

**c. Successful Listing (2025):**

After actively securing global regulatory licenses and establishing market leadership, Circle officially went public on the New York Stock Exchange in 2025, marking a new height in its compliance journey.

The successful listing of Circle represents not only a critical milestone in its own development but also signifies that the stablecoin industry is accelerating its integration into the global mainstream financial system, entering a new phase of compliant growth.

### Related Stocks

- [CRCL.US](https://longbridge.com/en/quote/CRCL.US.md)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**