--- title: "Circle Internet Singapore PTE. LTD. · Major Payment Institution (MAS) · Singapore | Elucidate" description: "Circle Internet Singapore PTE. LTD. is authorised by Monetary Authority of Singapore (MAS) as a major payment institution in Singapore. Register status, licences, activities and ownership." url: https://elucidate.co/directory/circle-internet-singapore-pte-ltd-cdf75da4b767 --- 1. [Directory](https://elucidate.co/directory) 2. [Singapore](https://elucidate.co/directory/country/sg) 3. Circle Internet Singapore PTE. LTD. Singapore · Payments & e-money # Circle Internet Singapore PTE. LTD. Circle Internet Singapore Pte. Ltd. is a private company incorporated in Singapore. The Monetary Authority of Singapore (MAS) licenses it as a major payment institution under the Payment Services Act 2019. The licence covers account issuance, domestic money transfer, cross-border money transfer and digital payment token services. MAS granted the licence in June 2023, after in-principle approval in November 2022. The firm belongs to the group headed by Circle Internet Group, Inc., the NYSE-listed issuer of the USDC stablecoin. It provides Circle Mint to institutional customers in Singapore, giving them access to USDC and third-party stablecoin payouts. Register status Licensed in Singapore Major Payment Institution · Monetary Authority of Singapore (MAS) Prudential licence [1 licence or registration ↓](https://elucidate.co/directory/circle-internet-singapore-pte-ltd-cdf75da4b767#licences) BIC **No BIC** LEI **No LEI mapped** [Licence no. **Not published by the register**](https://elucidate.co/directory/circle-internet-singapore-pte-ltd-cdf75da4b767#licences) ## Licences and registrations Held by Circle Internet Singapore PTE. LTD.. 1 entry on 1 of the 22 tracked registers, retrieved 25 September 2026. | Register | Licence | Number | Jurisdiction | Status | Registered | Ends | Activities | Register entry | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [MAS Financial Institutions Directory - Major Payment Institution](https://elucidate.co/directory/register/mas-mpi) Monetary Authority of Singapore (MAS) | Major Payment InstitutionPayment Institution | Not published by the register | [Singapore](https://elucidate.co/directory/country/sg) | Active | — | — | - Money remittance - Payment services - Crypto-assets | [Search the register ↗](https://eservices.mas.gov.sg/fid) | - Each licence applies in the country of the regulator that granted it. - Registers are tracked in 37 countries. Licences granted elsewhere are not recorded here. ## Swift network Swift’s ISO 9362 BIC directory Holds no BIC in Swift’s directory. No LEI is matched to this entry, and BICs are linked by LEI only. ## Overview Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/circle-internet-singapore-pte-ltd-cdf75da4b767#overview-sources) Customers Not published Employees Not published Ownership Group subsidiary Firm type Crypto exchange or broker Trades as Circle - **Ownership:** The firm belongs to the group headed by Circle Internet Group, Inc., which is listed on the New York Stock Exchange under the ticker CRCL. - **Ultimate owner:** Circle Internet Group, Inc., United States - **Head office:** 1 Marina Boulevard #28-00, One Marina Boulevard, 018989 Singapore, Singapore ### Online - **Websites & references:** [circle.com ↗](https://www.circle.com/) [developers.circle.com ↗](https://developers.circle.com/) developer documentation (group) [status.circle.com ↗](https://status.circle.com/) uptime status page (group) [investor.circle.com ↗](https://investor.circle.com/overview/default.aspx) investor relations of Circle Internet Group, Inc. - **Official social accounts:** [LinkedIn ↗](https://www.linkedin.com/company/circle-internet-financial/) · [X ↗](https://twitter.com/circle) · [Instagram ↗](https://www.instagram.com/teamcircle/) · [YouTube ↗](https://www.youtube.com/c/Circlecryptofinance) · [Discord ↗](https://discord.com/invite/buildoncircle) Sources · 8 pages consulted 1. [eservices.mas.gov.sg/fid/institution/detail/412248-CIRCLE-INTERNET-SINGAPORE-PTE-LTD](https://eservices.mas.gov.sg/fid/institution/detail/412248-CIRCLE-INTERNET-SINGAPORE-PTE-LTD) 2. [circle.com/legal/licenses](https://www.circle.com/legal/licenses) 3. [circle.com/legal/singapore-addendum](https://www.circle.com/legal/singapore-addendum) 4. [circle.com/pressroom/circle-singapore-obtained-major-payment-institution-license](https://www.circle.com/pressroom/circle-singapore-obtained-major-payment-institution-license) 5. [circle.com/blog/circle-partners-can-now-access-stablecoin-payouts-through-circle-mint-singapore](https://www.circle.com/blog/circle-partners-can-now-access-stablecoin-payouts-through-circle-mint-singapore) 6. [investor.circle.com/news/news-details/2026/Circle-Expands-Global-Payments-Infrastructure-with-Agreement-to-Ac](https://investor.circle.com/news/news-details/2026/Circle-Expands-Global-Payments-Infrastructure-with-Agreement-to-Acquire-Singapore-Based-Cross-Border-Payments-Platform-Tazapay/default.aspx) 7. [circle.com/](https://www.circle.com/) 8. [linkedin.com/in/yamkichan/](https://www.linkedin.com/in/yamkichan/) ## Authorisation Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/circle-internet-singapore-pte-ltd-cdf75da4b767#overview-sources) - **Operates under:** Its own licences MAS licenses the firm as a major payment institution under the Payment Services Act 2019, licence number PS20200630. Its licence covers account issuance, domestic money transfer, cross-border money transfer and digital payment token services. | Authority | Licence or registration | Number | Held | Status | Source | | --- | --- | --- | --- | --- | --- | | Monetary Authority of Singapore Singapore | Major Payment Institution Licence (account issuance, domestic money transfer, cross-border money transfer and digital payment token services) | PS20200630 | In its own name | Active | [eservices.mas.gov.sg ↗](https://eservices.mas.gov.sg/fid/institution/detail/412248-CIRCLE-INTERNET-SINGAPORE-PTE-LTD) | Licences and registrations the research found, at home and abroad, as the firm and its regulators publish them. The Licences and registrations card shows the entries on the registers the directory tracks. ## Partners and safeguarding Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/circle-internet-singapore-pte-ltd-cdf75da4b767#overview-sources) - **Safeguarding:** Segregated safeguarding accountsThe firm says it deposits customers' relevant money in an omnibus trust account at Standard Chartered Bank (Singapore) Limited, a qualifying full bank in Singapore, by the next business day. [circle.com ↗](https://www.circle.com/legal/singapore-addendum) - **Crypto-asset custody:** Held by the firmThe firm holds customers' crypto-assets in omnibus hot and cold wallets whose keys it manages itself, and it states that these keys are stored outside Singapore. [circle.com ↗](https://www.circle.com/legal/singapore-addendum) - **Safeguarding bank:** Standard Chartered Bank (Singapore) Limited Singapore [circle.com ↗](https://www.circle.com/legal/singapore-addendum) Banks and regulated firms the firm says hold its customers’ money, issue its cards, sponsor its accounts or settle its payments, as it discloses them in its terms and notices. ## Products and markets Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/circle-internet-singapore-pte-ltd-cdf75da4b767#overview-sources) - Crypto on- and off-ramp - Payouts and mass payments - International money transfer - Domestic payments - Crypto custody - Stablecoin Through Circle Mint, the firm gives institutional customers access to USDC and, since April 2026, API-based third-party stablecoin payouts. Its services cover customers in Singapore under its MAS licence, and Circle says Circle Mint Singapore also serves customers across the Asia region. - **Sells to:** Financial institutions · Enterprises · Platforms and marketplaces - **Serves customers in:** Singapore ## Recent events Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/circle-internet-singapore-pte-ltd-cdf75da4b767#overview-sources) 1. Sep 2026 Merger / acquisition Circle Internet Group, the firm's ultimate parent, agreed to acquire Singapore-based Tazapay, subject to regulatory approvals including from MAS. [investor.circle.com ↗](https://investor.circle.com/news/news-details/2026/Circle-Expands-Global-Payments-Infrastructure-with-Agreement-to-Acquire-Singapore-Based-Cross-Border-Payments-Platform-Tazapay/default.aspx) 2. Apr 2026 Other Circle opened its Payouts API to Circle Mint customers contracted with the firm, its first such expansion outside the US entity. [circle.com ↗](https://www.circle.com/blog/circle-partners-can-now-access-stablecoin-payouts-through-circle-mint-singapore) Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, security incidents, licence changes, funding rounds, acquisitions and leadership changes. Each links to its source. ## Identifiers - **BIC:** Holds no BIC in Swift’s directory - **LEI:** No LEI mapped - **Elucidate firm ID:** cdf75da4b767 ## Profile - **Type:** Payments & e-money · Crypto - **Regulation:** Prudential licence - **Main licence class:** Payment Institution - **Activities:** - Money remittance - Payment services - Crypto-assets - **Licensed in:** [Singapore](https://elucidate.co/directory/country/sg) · East Asia & Pacific - **First registered:** Not published Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet. ## Ownership and group GLEIF relationship records No LEI is matched to this entry, so GLEIF relationship records cannot be linked. ## Addresses - **Address on the register:** 1, MARINA BOULEVARD #28-00 ONE MARINA BOULEVARD 018989, Singapore, 018989 - **Country:** Singapore ## ISO 20022 identification As an agent in a Swift cross-border payment message (CBPR+) This institution holds no BIC. A CBPR+ message identifies it by name and postal address, and may add its LEI or a clearing code. - **Identified by:** Name and postal address. No LEI or clearing code is mapped in the directory - **Postal address:** Hybrid: town, postcode and country in their own elements, the rest in two address lines ```xml CIRCLE INTERNET SINGAPORE PTE. LTD. 018989 Singapore SG 1, MARINA BOULEVARD #28-00 ONE MARINA BOULEVARD 018989 ``` - The address line repeats the town or postcode. Remove the repeat if your payment system rejects it. CBPR+ identifies the instructing and instructed agents by BIC only. An institution without a BIC can be the debtor, creditor or an intermediary agent. The values are as published by the register. Check them against your own records before use. ## Related institutions ### Other payments & e-money institutions in Singapore - [Atlas Consolidated PTE. LTD. · trading as Hugo No BIC Payments & e-money Money service business Prudential licence Singapore · Licensed by Monetary Authority of Singapore (MAS) (MAS-MPI) · also on FINCEN-MSB · LEI 9845005BPECFKD4ED973](https://elucidate.co/directory/atlas-consolidated-pte-ltd-dd9bff35ebe7) - [Triple A Technologies PTE. LTD. · trading as TripleA No BIC Payments & e-money Crypto Money service business Prudential licence Singapore · Licensed by Monetary Authority of Singapore (MAS) (MAS-MPI) · also on FINCEN-MSB · LEI 984500DA4B5DE9599547](https://elucidate.co/directory/triple-a-technologies-pte-ltd-35777ab55bbd) - [Jst Digital Trading & Technology PTE. LTD. No BIC Payments & e-money Crypto Money service business Prudential licence Singapore · Licensed by Monetary Authority of Singapore (MAS) (MAS-MPI) · also on FINCEN-MSB · LEI 254900VFSNIDSSI4MR30](https://elucidate.co/directory/jst-digital-trading-and-technology-pte-ltd-0b04a7881932) - [Paxos Global PTE. LTD. No BIC Payments & e-money Crypto Money service business Prudential licence Singapore · Licensed by Monetary Authority of Singapore (MAS) (MAS-MPI) · also on FINTRAC-MSB · LEI 254900HKUGCSEE1Z8626](https://elucidate.co/directory/paxos-global-pte-ltd-f0e62912b4de) - [Ripple Markets Apac PTE. LTD. No BIC Payments & e-money Crypto Money service business Prudential licence Singapore · Licensed by Monetary Authority of Singapore (MAS) (MAS-MPI) · also on FINCEN-MSB · LEI 98450060F9F56F87ED90](https://elucidate.co/directory/ripple-markets-apac-pte-ltd-05ecaf0d5a45) - [Stonex Financial Pte. Ltd. BIC IGLUSGSG Payments & e-money Prudential licence Singapore · Licensed by Monetary Authority of Singapore (MAS) (MAS-MPI) · LEI 984500C5005644B14P13](https://elucidate.co/directory/stonex-financial-pte-ltd-iglusgsg) - [Xrex PTE. LTD. No BIC Payments & e-money Crypto Money service business Prudential licence Singapore · Licensed by Monetary Authority of Singapore (MAS) (MAS-MPI) · also on FINCEN-MSB · LEI 2549000QE6HHWJLNL230](https://elucidate.co/directory/xrex-pte-ltd-da7af7b2e1b7) - [2C2P Pte. Ltd. No BIC Payments & e-money Prudential licence Singapore · Licensed by Monetary Authority of Singapore (MAS) (MAS-MPI) · No LEI mapped](https://elucidate.co/directory/2c2p-pte-ltd-4eb1a068b1fb) [See all →](https://elucidate.co/directory/search?type=payments&cc=SG) [Other entries on MAS-MPI →](https://elucidate.co/directory/register/mas-mpi) Sources & method Register entries come from the public registers of financial regulators, standardised into one taxonomy. LEIs are matched through GLEIF, and a BIC is linked only through a shared LEI. An institution missing from these registers is not necessarily unregulated. Register entries are not matched against the OFAC or EU sanctions lists. Where the legal entity also holds a BIC, the matches for that BIC are on its page. Always screen against the official lists. An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page. [Read the methodology →](https://elucidate.co/directory/methodology) Register for this page - **MAS Financial Institutions Directory - Major Payment Institution**—Monetary Authority of Singapore (MAS) · [source ↗](https://eservices.mas.gov.sg/fid) as at 25 September 2026 - **Overview, authorisation, partners, products, leadership and events**—researched per institution by an AI model with web search, from the firm's own website, terms and filings, regulators' registers and notices, company registers and news. Licences, partners, figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source. ## Assess the financial crime risk behind a licence A licence records what an institution is authorised to do; it does not assess it. The [Elucidate FinCrime Index (EFI)](https://elucidate.co/ratings) is an independent score of the financial crime risk of banks and payment institutions. [Book a demo](https://elucidate.co/demo-request) Licence and registration data are drawn from the public registers of the regulators named on each page and shown for information only; the official register is always the authority. LEIs and ownership are from GLEIF. Directory and gpi data are drawn from SWIFT's public sources. SWIFT, Swift gpi and UETR are trademarks of S.W.I.F.T. SC, Avenue Adèle 1, 1310 La Hulpe, Belgium. Elucidate is not affiliated with, endorsed by or sponsored by SWIFT or any regulator named here. Elucidate does not provide payment or other financial services.