Crypto company Circle has announced the closing of a $400 million funding round. The funding involves the world’s largest asset manager, BlackRock, Fidelity Management, Marshall Wace LLP and Fin Capital. Circle is the issuer of the stablecoin USD Coin (USDC).

Dollar digital currencies like USDC are driving a global economic transformation, and Circle’s technology infrastructure is at the center of that transformation. This round of funding will continue to drive Circle’s growth.