# Circle Stablecoin Issuer — Licences, Reserves & Compliance Score | StableRadar > Circle: stablecoin issuer profile with licences checked against regulator registers, reserves, attestations, official partners and Regulatory Compliance Score. Canonical: https://stableradar.com/issuer/circle Generated: 2026-10-26T08:34:19.838Z (live figures are a snapshot at build time; see the canonical page for current values) ← All issuers **In short:** Circle issues USDC, EURC (issuing entity: Circle Internet Group, Inc. (NYSE: CRCL, listed 5 Jun 2025); Circle Internet Financial, LLC; Circle Internet Financial Europe SAS). Headquarters: New York / Boston, US. Status: Active. Licences on record: 14 (13 authorised; 5 confirmed on a regulator's official public register). Reserve reports: monthly (Deloitte & Touche LLP). Reference data as of 2026-10-26. # Circle 5 Verified Circle Internet Group, Inc. (NYSE: CRCL, listed 5 Jun 2025); Circle Internet Financial, LLC; Circle Internet Financial Europe SAS Status Active Verification Verified Coverage Full Licences **13 / 14** SRS **68** Profile as of **2026-10-26** Regulatory Compliance Score Weighted from public, sourced inputs · 94% of inputs available Not legal advice; algorithmic assessment from public sources. USDC peg · 7 days Pins: computed 7d high/low. No reference events dated within this window. Peg deviation (live) -2.8 bps Supply 30d → now (DefiLlama) $71.65B 24h volume (CoinGecko) $7.54B Chains with supply 157 ### Company - HQ **New York / Boston, US** - Founded **2013** - Leadership **Jeremy Allaire (Co-founder, CEO)** - Model **Fiat-backed (USD, EUR)** - Website **www.circle.com ↗** ### Products & supply LIVE - USDC **$71.47B · -2.8 bps** - EURC **$483.4M · -4.6 bps** - Total (CoinGecko) **$71.96B** 30d ago $75.46B 7d ago $72.58B 1d ago $71.76B now $71.65B ### Distribution Ethereum $44.52B 61.7% Solana $6.89B 9.6% Hyperliquid L1 $6.80B 9.4% Base $4.35B 6.0% Arbitrum $2.31B 3.2% Polygon $1.63B 2.3% BSC $1.59B 2.2% Arc $972.0M 1.3% Avalanche $430.1M 0.6% Stellar $388.4M 0.5% Supply by chain · DefiLlama (live) ### Products REFERENCE · issuer official site · as of 2026-10-26 - **USDC**USD stablecoin [circle.com ↗](https://www.circle.com/usdc)[source · 2026-10-26](https://www.circle.com/) - **EURC**Euro stablecoin [circle.com ↗](https://www.circle.com/eurc)[source · 2026-10-26](https://www.circle.com/) - **Circle Payments Network**Stablecoin payments network for institutions [circle.com ↗](https://www.circle.com/cpn/stablecoin-payments)[source · 2026-10-26](https://www.circle.com/) - **Circle Mint**Mint and redeem USDC/EURC [circle.com ↗](https://www.circle.com/circle-mint)[source · 2026-10-26](https://www.circle.com/) - **Arc**“The Economic OS for the internet” (Circle L1) [arc.io ↗](https://www.arc.io/)[source · 2026-10-26](https://www.circle.com/) - **Partner stablecoins**Programme for partner-issued stablecoins [circle.com ↗](https://www.circle.com/partner-stablecoins)[source · 2026-10-26](https://www.circle.com/) ### Official partners (1486) REFERENCE · issuer official site · as of 2026-10-26 Checked: Circle Alliance Directory — 1,486 members (partners.circle.com, all 50 pages). - **1Shot API**Launch a complete embedded wallet in minutes. Give users self-custody, gasless stablecoin transactions, and programmable permissio [partners.circle.com ↗](https://partners.circle.com/partner/1shot-api)[source · 2026-10-26](https://partners.circle.com/) - **AbraPOS**Multi-chain payment architecture for non-custodial retail payments. [partners.circle.com ↗](https://partners.circle.com/partner/abrapos)[source · 2026-10-26](https://partners.circle.com/) - **AhnLab Blockchain Company (ABC)**South Korea's VASP-licensed wallet and custody infrastructure provider. [partners.circle.com ↗](https://partners.circle.com/partner/ahnlab-blockchain-company-abc)[source · 2026-10-26](https://partners.circle.com/) - **AiDAC**The premier digital asset custody solution. [partners.circle.com ↗](https://partners.circle.com/partner/aidac)[source · 2026-10-26](https://partners.circle.com/) - **Al Maryah Community Bank (Mbank)**We are the UAE’s first digital bank, offering all you need to manage spending and saving for the future. [partners.circle.com ↗](https://partners.circle.com/partner/al-maryah-community-bank-mbank)[source · 2026-10-26](https://partners.circle.com/) - **Aletheions**Full-stack digital asset and blockchain infrastructure provider for capital markets, banking, and insurance. [partners.circle.com ↗](https://partners.circle.com/partner/aletheions)[source · 2026-10-26](https://partners.circle.com/) - **AllScale**Self-custody stablecoin neobank for global businesses. Accept and pay out stablecoins for checkout, invoicing, and payroll. [partners.circle.com ↗](https://partners.circle.com/partner/allscale)[source · 2026-10-26](https://partners.circle.com/) - **alt**Swiss-regulated financial intermediary and crypto broker providing compliant crypto-to-fiat execution, forensic-grade KYC/AML stru [partners.circle.com ↗](https://partners.circle.com/partner/alt)[source · 2026-10-26](https://partners.circle.com/) - **Altude**Self-custodial wallet infrastructure for stablecoin payments. [partners.circle.com ↗](https://partners.circle.com/partner/altude)[source · 2026-10-26](https://partners.circle.com/) - **Alty**Bringing the best of the traditional banking experience to the crypto world. [partners.circle.com ↗](https://partners.circle.com/partner/alty)[source · 2026-10-26](https://partners.circle.com/) - **AMINA Bank**Invest, trade, stake, and more with a regulated crypto bank with global reach. [partners.circle.com ↗](https://partners.circle.com/partner/amina-bank)[source · 2026-10-26](https://partners.circle.com/) - **Arculus**Tap-to-pay enabled hardware wallet for self-custody and payments. [partners.circle.com ↗](https://partners.circle.com/partner/arculus)[source · 2026-10-26](https://partners.circle.com/) - **Arival Bank**Banking, stablecoin, treasury, and cross-border settlement infrastructure for global businesses and individuals. [partners.circle.com ↗](https://partners.circle.com/partner/arival-bank)[source · 2026-10-26](https://partners.circle.com/) - **Arrel**Unified infrastructure and API suite enabling financial institutions to build, launch, and scale digital asset products. From cust [partners.circle.com ↗](https://partners.circle.com/partner/arrel)[source · 2026-10-26](https://partners.circle.com/) - **Atlas Financial**Banking for stablecoins, crypto, and tokenized assets. [partners.circle.com ↗](https://partners.circle.com/partner/atlas-financial)[source · 2026-10-26](https://partners.circle.com/) - **Avail**The growth engine for apps to expand beyond their chain. Access users and liquidity across wallets, chains, apps, exchanges, and b [partners.circle.com ↗](https://partners.circle.com/partner/avail)[source · 2026-10-26](https://partners.circle.com/) - **Bank Frick AG**Specialized bank for intermediaries with a focus on regulated blockchain banking. [partners.circle.com ↗](https://partners.circle.com/partner/bank-frick-ag)[source · 2026-10-26](https://partners.circle.com/) - **Banking Circle**Next generation bank, powered by the latest technology. [partners.circle.com ↗](https://partners.circle.com/partner/banking-circle)[source · 2026-10-26](https://partners.circle.com/) - **Bankroll Network**Bankroll Vault (VLT) is a fixed-supply Ethereum digital asset backed by secured onchain Uniswap liquidity. [partners.circle.com ↗](https://partners.circle.com/partner/bankroll-network)[source · 2026-10-26](https://partners.circle.com/) - **Berry**Invest in anything using digital dollars - no bank account required. [partners.circle.com ↗](https://partners.circle.com/partner/berry)[source · 2026-10-26](https://partners.circle.com/) - **Billz**Non-custodial stablecoin-powered financial operations platform for payments, liquidity, and treasury efficiency. [partners.circle.com ↗](https://partners.circle.com/partner/billz)[source · 2026-10-26](https://partners.circle.com/) - **bindpay**API-first orchestration and execution network for settlement on blockchains and banking networks. [partners.circle.com ↗](https://partners.circle.com/partner/bindpay)[source · 2026-10-26](https://partners.circle.com/) - **Bitget Wallet**Bitget Wallet is a non-custodial crypto wallet designed to make crypto simple and secure for everyone offering a full suite of cry [partners.circle.com ↗](https://partners.circle.com/partner/bitget-wallet)[source · 2026-10-26](https://partners.circle.com/) - **Bity**Digital banking platform for investing in and using cryptocurrencies daily. [partners.circle.com ↗](https://partners.circle.com/partner/bity-2)[source · 2026-10-26](https://partners.circle.com/) Listed by the issuer itself; listing ≠ endorsement. Groups are StableRadar keyword matches on member descriptions, not Circle’s own categories. ### Licences & authorisations worldwide (14 · 5 ✓ verified on register) REFERENCE · regulator registers / issuer disclosures · as of 2026-10-26 | Jurisdiction | Regulator | Licence / status detail | Date | Status | Evidence | | --- | --- | --- | --- | --- | --- | | **US** | OCC | National trust bank charter No. 25361 (Circle National Trust) | listed as of 8 Sep 2026 | Authorized | [Reported](https://www.circle.com/legal/licenses) | | **US-NY** | NYDFS | Limited-purpose trust company (Circle New York Trust) | — | Authorized | [Reported](https://www.circle.com/legal/licenses) | | **US-NY** | NYDFS | Virtual Currency and Money Transmitter Licenses — Circle Internet Financial, LLC (NYDFS regulated-entities list) | 2015-09 | Authorized | [Verified](https://www.dfs.ny.gov/virtual_currency_businesses) | | **US** | State regulators / FinCEN | Money transmitter licences — 46 states + DC + PR; FinCEN MSB | — | Authorized | [Reported](https://www.circle.com/about-circle) | | **EU-FR** | ACPR | Electronic Money Institution No. 17788 — EMT issuer (USDC, EURC) under MiCA | MiCA since 1 Jul 2024 | Authorized | [Verified](https://www.esma.europa.eu/sites/default/files/2024-12/EMTWP.csv) | | **EU-FR** | AMF | MiCA CASP authorisation No. E2026-005 | 24 Apr 2026 | Authorized | [Verified](https://www.esma.europa.eu/sites/default/files/2024-12/CASPS.csv) | | **SG** | MAS | Major Payment Institution No. PS20200630 | — | Authorized | [Reported](https://www.circle.com/legal/licenses) | | **BM** | BMA | Digital Asset Business licence No. 54786 | — | Authorized | [Reported](https://www.circle.com/legal/licenses) | | **UK** | FCA | E-money institution No. 900480 | — | Authorized | [Reported](https://www.circle.com/legal/licenses) | | **AE-ADGM** | FSRA (ADGM) | Financial Services Permission No. 250035 | 2025 | Authorized | [Reported](https://www.circle.com/legal/licenses) | | **AE-DIFC** | DFSA | USDC/EURC recognised stablecoins (first approved by DFSA, per Circle) | — | Authorized | [Reported](https://www.circle.com/about-circle) | | **JP** | FSA / Kanto Finance Bureau | USDC handled by SBI VC Trade (No. 00001, 4 Mar 2025) and Coincheck (No. 00002, 27 Aug 2026) | 4 Mar 2025 | Authorized | [Verified](https://www.fsa.go.jp/en/regulated/licensed/denshikessaisyudan.pdf) | | **HK** | HKMA | HKMA licensed stablecoin issuer | checked 2026-10-26 | Not on HKMA register | [Verified](https://www.hkma.gov.hk/eng/regulatory-resources/registers/register-of-licensed-stablecoin-issuers/) | | **CA** | CSA | Undertaking with Canadian Securities Administrators (VRCA) | — | Authorized | [Reported](https://www.circle.com/pressroom/circle-receives-conditional-approval-from-occ-for-national-trust-charter) | ### Reserves, custody & attestation - Assurance **Monthly attestation by Deloitte & Touche LLP** - Audit / attestation firm **Deloitte & Touche LLP** - Frequency **Monthly** - Composition (per issuer) **Circle Reserve Fund (USDXX: T-bills, repo) + cash at banks (per Circle)** - Custodians **BNY Mellon (custody); Circle Reserve Fund managed by BlackRock (per Circle)** - Latest disclosed **See latest monthly report on transparency page** - Evidence **report ↗** ### Redemption terms 1:1 redemption via Circle Mint for institutional customers; MiCA: redemption at par without fee for EU holders of EMTs ### Controls: freeze / clawback / admin - freeze **Blacklister role (address-level)** - clawback **No destroy function in USDC contract** - multisig **Role-based admin on proxy** - upgrade **Upgradeable proxy** ### Frozen / blacklisted / seized | Metric | Value | Source | As of | | --- | --- | --- | --- | | Wallets frozen (28 chains) | **2,045** | [Eagle Virtual ↗](https://eaglevirtual.com/learn/how-many-wallets-has-circle-frozen) | 2026-10-25 | | Frozen value (priced at event) | **$229.5M** | [Eagle Virtual ↗](https://eaglevirtual.com/usdc-blacklist) | 2026-10-25 | | Balances destroyed | **0 (none on record)** | [Eagle Virtual ↗](https://eaglevirtual.com/learn/how-many-wallets-has-circle-frozen) | 2026-10-25 | | EURC wallets frozen | **574** | [Eagle Virtual ↗](https://eaglevirtual.com/learn/how-many-wallets-has-circle-frozen) | 2026-10-25 | Ethereum contract events — last ~4,900 blocks (~16 h) 0 blacklist events in blocks 26,270,797–26,275,697 · checked 0s ago Public RPC (publicnode) limits range; full history needs an indexer. Other chains (Tron etc.) not queried live. ### Government & public sector partnerships (1) REFERENCE · issuer newsroom / official government sites · as of 2026-10-26 - **🇧🇲 Government of Bermuda****Fully onchain national economy** — Government plan with Circle and Coinbase infrastructure: USDC merchant payments, government stablecoin-payment pilots, digital finance education Announced 2026-01-19 [official source ↗](https://www.circle.com/pressroom/the-government-of-bermuda-announces-plans-to-be-the-worlds-first-fully-onchain-national-economy-with-support-from-circle-and-coinbase) ### Government & law-enforcement cooperation - **OFAC sanctions compliance**Blacklists addresses on OFAC SDN list (e.g. Tornado Cash addresses, Aug 2022) and on valid government orders (per Circle USDC terms) [source ↗](https://www.circle.com/legal/usdc-terms) ### Regulatory actions & enforcement history None on record in our reference set. ### AI-agent payments - **x402 + USDC** · 2026Circle a premier x402 Foundation member; “x402 and USDC” for sub-cent agent payments (Circle VP Arc) [source ↗](https://x402.org/linux-foundation-announces-operational-launch-of-x402-foundation-to-standardize-internet-native-payments-for-ai-agents-and-applications/) - **Mastercard Agent Pay for Machines** · Jun 2026USDC supported [source ↗](https://www.coininsider.com/news/mastercard-backs-multiple-stablecoins-as-ai-agents-become-h2-priority/) ### Partners BNY Mellon BlackRock Deloitte Reference fields compiled 2026-10-26 from linked sources. Items marked “verify” or “per issuer” are not independently confirmed. Not legal or investment advice. Last updated: 2026-10-26 08:33 UTC (live data) · reference data as of 2026-10-26 · Sources: Regulator public registers & issuer disclosures (linked per item), [CoinGecko](https://www.coingecko.com/), [DefiLlama](https://defillama.com/stablecoins)