Boston, MA – March 23, 2023 – Circle Internet Financial, a global digital financial technology firm and the issuer of USD Coin (USDC), today announced it has joined LOT Network, a non-profit global community of companies that protects its members against Patent Assertion Entities (PAEs). If a PAE acquires any patent asset that was once owned by a LOT Network member, all LOT Network members receive a license to that patent, protecting them from any potential litigation and fees. LOT Network covers more than 3.8 million patent assets from over 2,800 members across 56 countries. “Since our inception a decade ago, Circle and our products have been at the forefront of innovation and trust,” said Daniel Kaleba, Assistant General Counsel, Litigation and IP, at Circle. “Circle joins a growing number of financial technology companies as well as 12 of the largest holders of blockchain patents that are benefitting from the LOT agreement.