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3.2.4 TECHNOLOGY AND IP CONTRIBUTIONS

Circle is contributing core technology and IP to 

the CENTRE organization. This IP is the result of 

several years of technology development at Circle 

to support the consumer social payments and crypto 

asset trading businesses. Circle’s pioneering work in 

building seamless consumer payment experiences 

and using fiat currency on top of underlying 

blockchain settlement and integration layers are 

core to CENTRE. Other technology innovations 

include systems and services for layering KYC and 

AML risk decisions into payment networks and 

transactions, and systems for providing instant liquidity 

and conversion between fiat and crypto assets.

3.3 Organizational Structure and Advisors

The CENTRE organization will be seeded with 

several key Circle employees who anticipate 

moving from Circle into CENTRE. This talent 

includes individuals in engineering, operations, 

business development, finance, and compliance.

The CENTRE organization will be supported by 

a strong board of advisors with deep experience 

in internet platforms, protocols and consumer 

products, enterprise development, open 

source software, and also deep expertise in 

cryptocurrency and blockchain technology.

The CENTRE working group expects to update this 

paper periodically during the course of technical 

peer review, legal and compliance review, finance 

and tax counsel, and during ongoing engineering 

progress.

Major updates are expected to be reported 

on the CENTRE web site: