Hi, welcome to the forum

.
If I understand your question correctly, you could accomplish something like that using the following steps:
1.) Create a circle with the Ellipse tool
2.) Convert it to a Path (with the menu Path → Object to Path, or Shift+Ctrl+C)
3.) Create some text
4.) Select the text object, and the circle
5.) From the menu Text, choose Put on Path.
Is that what you're looking for?