Company: CRCL
Filing Date: 2025-03-21
Form Type: DRSLTR
Source: 0000950103-25-003718
Chunk: 0

Company: Circle Internet Group, Inc.
Filing Date: 2025-03-21
Form: DRSLTR
Chunk 0
---
|                 |                       | draft |
| +1 212 450 4000 
 davispolk.com   | Davis Polk & Wardwell 
 LLP                   
 450 Lexington Avenue  
 New York, NY 10017    |       |

March 21, 2025

U.S. Securities and Exchange Commission
Division of Corporation Finance
100 F Street, N.E.
Washington, D.C. 20549

| Certain portions of this letter have been omitted                                                                                    
 from the version filed via EDGAR. Information that was omitted in the EDGAR version has been noted in this letter with a placeholder 
 identified by the mark “[***]”.                                                                                                      |

| Attention: | Sandra Hunter Berkheimer 
 David Lin                |

| Re: | Circle Internet Group, Inc. 
 CIK No. 0001876042          |

Ladies and Gentlemen:

On behalf of our client, Circle Internet Group, Inc. (the “”),
and as discussed with the staff of the Securities and Exchange Commission (the “”), this letter sets forth certain
information proposed to be included in the Company’s Registration Statement on Form S-1 relating to its proposed initial public
offering (the “”), which will be filed with the SEC at a later date.

The “Risk Factors” section of the Registration Statement
is expected to include the following disclosure:

[***]

The “Description of Capital Stock” section of the Registration
Statement is expected to include the following disclosure:

[***]

The Company’s bylaws, which will be filed as an exhibit to the
Registration Statement, is expected to include the following provision:

[***]

<div align='center'>* * *</div>

Please do not hesitate to contact me at (212) 450-4674 or richard.truesdell@davispolk.com
or Daniel P. Gibbons at (212) 450-3222 or dan.gibbons@davispolk.com if you have any questions regarding the foregoing or if we can provide
any additional information.

Very truly yours,
/s/ Richard D. Truesdell, Jr.

CC: Jeremy Allaire
Heath Tarbert

Sarah Wilson

Circle Internet Group, Inc.

CIGI-001

<div align='center'>Circle Internet Group, Inc. requests that the information contained in this letter, marked by “[***]”, be treated as confidential information pursuant to 17 C.F.R. § 200.83.</div>