Circle Expands Stablecoin Infrastructure Ecosystem with USDC and EURC

Circle is a financial technology company behind USDC and EURC, two stablecoins designed to maintain a 1:1 value with the U.S. dollar and euro.

The company's reserves include cash and short-term U.S. Treasuries, with much of USDC's reserves held through the BlackRock-managed Circle Reserve Fund.

Circle undergoes monthly third-party examinations by Deloitte, providing public attestations about the assets supporting its stablecoins in circulation.

The company primarily targets businesses and institutions, offering Circle Mint to eligible companies for minting and redeeming USDC and EURC at scale.