Company: CRCL
Filing Date: 2025-05-27
Form Type: S-1/A
Source: 0001193125-25-126208
Chunk: 209

Company: Circle Internet Group, Inc.
Filing Date: 2025-05-27
Form: S-1/A
Chunk 209
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 • |     | Custodians.  Most major corporate and institutional end-users of stablecoins seek to store and custody                                                                                                                                               
 their USDC with sophisticated digital asset custody providers, many of whom are regulated as digital asset custody firms under various state and national regulatory and supervisory arrangements around the world. Leading digital asset custodians 
 including Anchorage Digital, BitGo, Coinbase, Fireblocks, and Copper provide robust support for USDC and the Circle stablecoin network infrastructure.                                                                                               |

| • |     | Blockchain networks.  Core blockchain network infrastructure is crucial for operating the Circle stablecoin                                                                                                                                            
 network, and through native support for 20 blockchains, we enable developers and customers to integrate and use USDC within a wide array of wallets and products that are built on these blockchain networks. Blockchains with native support for USDC 
 include Algorand, Aptos, Arbitrum, Avalanche, Base, Celo, Ethereum, Hedera, Linea, NEAR, Noble, OP Mainnet, Polkadot, Polygon PoS, Solana, Sonic, Stellar, Sui, Unichain, and ZKsync, with more expected in the future.                                |

| • |     | Blockchain protocols.  Most blockchain networks support developing and deploying smart contracts that can act                                                                                                                                         
 as onchain protocols. These protocols can offer a wide array of building blocks for financial and commercial applications, such as exchange, lending, invoice payments, micro-payments, treasury management, and more. Leading protocols that support 
 USDC and the Circle stablecoin network include projects such as the Uniswap Protocol, Aave, OpenSea, and Safe.                                                                                                                                        |

| • |     | Banks and neo-banks.  Banks and                                                                                                                                                                                
 neo-banks play an increasingly important role in the Circle stablecoin ecosystem, providing settlement and reserve infrastructure for Circle stablecoins. They are also important end-users of our stablecoin  
 infrastructure. We are seeing growth in startup banks and neo-banks in many emerging markets focused on providing digital dollar payment and settlement services using USDC and the Circle stablecoin network. |

| • |     | Payments companies.  Increasingly, leading payments companies are integrating the Circle stablecoin                                                                                                                                               
 network into their offerings as a means of settlement (directly or indirectly) for their customers. As the global digital assets ecosystem grows, these companies are building products that are “future proof” and enabled for increasing        
 integration with the financial system. This includes payment processors,