Company: CRCL
Filing Date: 2025-04-18
Form Type: S-1/A
Source: 0001193125-25-084832
Chunk: 204

Company: Circle Internet Group, Inc.
Filing Date: 2025-04-18
Form: S-1/A
Chunk 204
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 they are able to mint and redeem Circle stablecoins using local faster-payments networks to reduce settlement times. Today the Circle stablecoin ecosystem includes banks in the United States, Singapore, and Europe, and we are                                                                                                                                                                  
 exploring opportunities to add banks in additional markets in Asia, Latin America, and the Middle East.                                                                                                                                                                                                                                                                                                                    |

| • |     | Develop products to abstract away the complexities of blockchain technology to make it easier for                                                                                                                                               
 developers, businesses, and end-users to build and use onchain apps and to use the Circle stablecoin network. Certain aspects of blockchain technology are novel and today require complex workflows that create barriers to mainstream         
 adoption.  For example, different applications use different blockchains, many blockchains require payment of fees in native tokens to affect transactions, and many wallet applications require users to remember seed phrases and hexadecimal 
 wallet addresses. Our blockchain infrastructure and Developer Services are designed to abstract away these complexities and simplify both the developer and end-user experiences.                                                               |

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| • |     | Foster the Web3 ecosystem to catalyze innovation and develop new utility.  The utility and value of the                                                                                                                                             
 Circle stablecoin network will grow as developers and businesses develop new products and services that excite their (and our) end-users. We are in the earliest days of Web3 innovation, and it is likely that                                     
 the most impactful of such products have yet to be invented. We play a role in nurturing and growing this ecosystem of developers. We build developer tools, run hackathons, offer developer grants, and have the capacity to invest in early-stage 
 companies and projects through Circle Ventures.                                                                                                                                                                                                     |

| • |     | Expand our licensure into major global markets.  Many major markets are establishing clear regulatory regimes                                                                                                                                           
 for payment stablecoins to be used or issued within those markets. Certain of these markets will require licenses in order to partner with local businesses or provide primary market liquidity. Today, we hold licenses covering stablecoin operations 
 in the United States, Singapore, Bermuda, the United Kingdom, and the EEA. We are exploring opportunities to apply for and procure additional licenses that may allow us to mint Circle stablecoins and offer primary liquidity in those markets.       |

| • |     | Nurture our brand and reputation.  To attract end-users, developers, businesses, and institutions to the                                                                                                                                             
 Circle stablecoin ecosystem, we must not only offer the utility and value of our network, but also ensure that our network sustains a very strong