crypto strategy

How the Crypto Company Circle Power Structure Marries Big Tech and Finance

Circle, which issues the popular stablecoin USD Coin, has been largely isolated from the crypto market chaos of recent months. Its income has increased thanks to rising interest rates and it is looking to expand into new markets.

Circle co-founder and CEO Jeremy Allaire likens the company’s structure to a hybrid between a tech company and a traditional finance company. “There are two big jobs,” Allaire told The Information. “There’s the products and the technology and there’s everything that makes up a globally regulated financial company.”

The Information’s organizational chart lists 86 of Circle’s top executives, from the company’s top engineers to its top compliance officers. The company brought in former Meta Platforms executives to lead marketing and former Citi executives to manage the company’s cash flow. In total, the company has 940 employees.

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