Stablecoin Issuer Circle Increases Staffing by More Than 15%

Circle Internet Financial Ltd. has increased its staff by more than 15% this year and plans to fill a similar number of positions as the issuer of the second-largest stablecoin prepares to go public.

The Boston-based company, which revealed in January that it confidentially submitted plans to launch an initial public offering, has added 137 staffers, and has more than 140 additional open positions in areas such as business development, engineering and marketing, a spokesperson said. The company currently has 882 employees, and 24 more people have already accepted job offers, they said.