Company: CRCL
Filing Date: 2025-04-18
Form Type: S-1/A
Source: 0001193125-25-084832
Chunk: 8

Company: Circle Internet Group, Inc.
Filing Date: 2025-04-18
Form: S-1/A
Chunk 8
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 to stablecoins and the digital assets ecosystem. In the end, our strong belief is that continuing to work with regulators and policymakers will be essential to         
 building an internet financial system.                                                                                                                                                                                                                 |

| 2. |     | Mastering a platform-first approach to technology.  As we built our core digital currency technology stack, we approached it as if we were building a platform for others to build on. This approach blossomed 
 into the creation and success of USDC and now a much broader surface of platform services from Circle.                                                                                                         |

| 3. |     | Meeting the market where it is.  Each step of this journey would require calibrating to both where the technology was and where the market was—the latter not always where we wanted it to be. What you               
 build for very early missionary adopters is dramatically different from what you build for mainstream-scale global finance and commerce. We therefore took small steps, carefully, but with a long-term focus always. |

2

| 4. |     | Using compliance as a competitive advantage.  Our vision was to integrate the existing financial system with the new internet financial system, which meant that crypto was not an island, but instead a                                                 
 technology to be harnessed to bridge these worlds. Doing this means that we have made and intend to continue to invest significantly in our compliance infrastructure, consistent with our regulatory-first posture, which we believe contributes to our 
 regulatory engagement and advocacy efforts and increases our attractiveness to potential partners, customers, and end-users.                                                                                                                             |

Altogether, these principles of execution enabled Circle to move through the early stage of the market with agility and strength, and to ultimately give us the capabilities and know-howto launch USDC in 2018. Seven years into our journey, our vision of a programmable protocol for dollars on the internet would be born. Although we have encountered challenges and risks in the past and will no doubt continue to face new and existing ones in the future, I believe that Circle is well positioned to be a crucial part of the infrastructure of the new internet financial system. What we’ve accomplished Today, Circle is a globally recognized and respected brand and company, with a reputation for integrity and transparency, as both an advocate and leader in building the internet financial system. Since its launch in 2018, USDC, as the core of the Circle stablecoin network, has been used for more than $25 trillion in onchain transactions as of March 31, 2025, of which nearly