“Modern humanitarian finance needs modern infrastructure – and we’re here to help make that happen.”
At @wef, Elisabeth Carpenter, Founding Chair of Circle Foundation, announced the foundation’s first international grant to support the @UN's Digital Hub of Treasury Solutions, a shared platform led by @Refugees.
The goal: streamline humanitarian aid delivery across the UN system, reduce costs, enhance transparency, and enable secure, real-time access to financial systems worldwide.
Circle Foundation is supporting the United Nations in their efforts to modernize global aid delivery.
The humanitarian system moves more than $38B every year, yet much of that aid still relies on slow, costly legacy financial rails.
Through its first international grant, Circle Foundation will support the @Refugees’ Digital Hub of Treasury Solutions to upgrade shared financial infrastructure across the UN system.
From near-instant, cross-border transfers to greater transparency and accountability, this work helps more aid reach the people who need it most.
https://t.co/2sKgOHgwFJ
Congratulations to ATEC for winning Circle’s Unlocking Impact Pitch Competition and the 100,000 @USDC grand prize!
This weekend we brought together innovators using USDC and blockchain infrastructure to accelerate humanitarian aid and drive inclusive growth.
Shoutout to our other finalists @xcapit_ and @BuFi_Global for sharing their innovative projects.
All three finalists were also awarded mentorships from @Visa, @Mastercard, @EYnews, @WFP, and @Goodwall,
support that extends far beyond the pitch.
This is what inclusive growth looks like.
Last month, over $3 million in USDC was raised via @TheGivingBlock to help bring clean water to 2 million people.
Thank you to @MrBeast and @WaterAidAmerica for making it happen.
This is what impact at internet speed looks like.
The Circle Alliance Program just hit 1,000 members.
From startups to global institutions, each one is building with USDC or helping others do the same.
What started as an idea 16 months ago is now one of the fastest-growing global communities in stablecoin finance.
This is more than a milestone. It’s momentum.
It’s supporting connectivity for the ecosystem, driven by the members within it.
Let’s keep building: https://t.co/9XpL7zDfsq
It is profoundly disturbing to see young social media influencers casually rationalize Hitler and the Nazi regime’s systematic extermination of six million Jews during the Holocaust. The only thing more terrifying than Holocaust denial is Holocaust glorification.
The comfort with which these commentators defend the most evil man ever to roam the earth should send chills down the spine of every decent person.
To all of our partners: Thank you.
The passage of the GENIUS Act isn’t just a policy milestone, it’s a reflection of how far this ecosystem has come.
From developers to early wallets and exchanges, chains, payment platforms, and banks who brought stablecoins to millions, this community showed up long before the world caught on.
You built early, took risks, stayed focused on users. This progress was possible because of the foundation we built together.
This is a win for everyone who believed digital finance could be better.
Here’s to a more open, trusted, and programmable future.
The House vote to clear the GENIUS Act for the President’s signature is a defining moment for the future of money and the internet financial system. It signals strong bipartisan support for responsible innovation and sends a clear message that the U.S. will lead in the regulation of dollar-backed payment stablecoins. We commend Congressional leaders for delivering a regulatory foundation that puts consumer protection, financial integrity, and U.S. competitiveness at the forefront. Read more about the GENIUS Act:
https://t.co/sFydhG7wnd
Circle's Unlocking Impact Pitch Competition has awarded $500K+ to innovators advancing the @UN Sustainable Development Goals.
Compete via @Goodwall to win:
🏆 $100K @USDC
🌆 Chance to pitch live during UNGA in NYC
🤝 Mentorship
https://t.co/m5R4XJT4Vy
Today, Circle reached a significant milestone and became a publicly listed company. I'm proud to be part of the team transforming the global financial system.
Circle is now officially a public company, listed on the @NYSE under $CRCL.
With @USDC, EURC, Circle Payments Network & more, we're pushing forward a future of frictionless value exchange.
We are not just building financial products. We are building the money layer of the internet.
To everyone who has contributed to this moment, thank you.
“It would be an utter mistake to try to create a joint and severable model where stablecoins and market structure go side by side,” Disparte said. “It would deny the President a bipartisan legislative win… The stablecoin bill is ready to go and the @POTUS wants it on his desk to sign. They can do it before the summer recess, and there's energy—and I think a deep national security imperative to get it right.” from @andrewrchow's @TIME 100 panel.
https://t.co/MjWOTQnbB5
What an incredible week in D.C.! 🌟Our Unlocking Impact Pitch Competition series drove meaningful educational discussions and cross-sector collaboration, creating an environment where innovative ideas can thrive and lead to lasting change. 💡🔥 A special thank you to our co-hosts @IDB_Lab and @WorldBank for supporting our commitment to financial inclusion.
BREAKING NEWS: @circle has announced that we are moving our Global HQ to New York City, building out a flagship space on one of the top floors of 1 World Trade Center, an historically important landmark in standing for American global economic leadership. Details below the video.
I’m thrilled to celebrate this milestone with an event including leading financial industry firms, crypto industry leaders and policymakers. We are also sharing this announcement video that captures the moment and inspiration.
Why is this important for Crypto, Circle, New York, America and the US Dollar?
Since our founding, we have envisioned building a new internet financial system on the foundations of crypto – open networks, open source software, open protocols, decentralized and distributed infrastructure – and building on and expanding the capabilities of the largest and most important currencies in the world, starting with the US dollar.
11 years into our founding, that vision is coming alive in a tremendous and exciting way, with USDC now powering trillions of dollars of onchain transactions, with thousands of developers and applications building on this innovation, and with increasing legal clarity that digital dollars like USDC are new forms of legal electronic money that can be used widely around the world.
As this technology explodes into the mainstream, and as Circle becomes a more and more important company and infrastructure for this new internet financial system, it became clear that we needed to plant our flag, both literally and figuratively, in the heart of Wall Street, in the most important economic center of the world, and in the great country of the United States of America.
Many complain that the United States is not the right jurisdiction to build a company in our industry, and that the current government here remains hostile to this industry. I couldn’t disagree more. My view is that we are at a turning point, and that the US is about to become THE decisive leader in building and supporting this technology and financial revolution.
We are an American Technology champion, and we want to demonstrate that the highest quality, the best run, the safest and the most powerful technology for the new internet financial system calls not just the US, but New York City, it’s home.
Today, New York City is home to an enormous number of crypto firms that are leading and innovating in nearly every area of this industry. New York may have the most talent-density in crypto of any city in the world. It’s truly astounding, and we feel so privileged to join this thriving community of companies with a flagship headquarters in New York.
After having originally founded the company in Boston, like many technology-driven companies, we have scaled out largely as a remote-first operation. Today, we span 36 US states and 14 countries, with a presence in many of the world’s leading cities including New York, SF Bay Area, Boston, London, Dublin, Paris, Singapore, Berlin, São Paulo, Taipei and more. And we are growing all around the world. But through this, New York has become a crucial nexus of talent, connectivity and a core location for where we convene.
1 World Trade Center is an awe-inspiring building. Its history is known to nearly everyone; this iconic tower, the tallest in the Western hemisphere, stands for freedom, strength, and a projection of America’s central role in the global economic system. Freedom Tower stands above the great pillars of the global economic system – Wall St., the New York Stock Exchange, the New York Federal Reserve, and more.
Sitting on a top floor of the tower, Circle’s new flagship HQ is being built not as a traditional office, but rather as a powerful convening space, where we bring together all of our stakeholders to collaborate together, discover, and build the new internet financial system. It’s going to be an amazing and inspiring space that helps bring to life everything that we do at Circle.
Today, we are celebrating this new HQ, joined in person in New York by industry, political and key partners who have been central to Circle’s growth and success. Join us virtually in this next phase of our journey.
We are investing in New York. We are investing in America. We believe strongly that the infrastructure we are collectively building – this new internet financial system – will be the foundation for the next hundred years of global economic activity and coordination.
2024 has been a turning point year in crypto, a year when stablecoins started to truly breakout in scale, importance and usage. 2025 will be the year when this goes mainstream. As we open our new HQ to the world in early 2025, we will be thrilled to host and convene and see many of you there for this next phase of our collective journey in building a more open, inclusive, safer and efficient global economic system.
JA
A powerful example of partnership and collaboration with banks. .@bbva Switzerland integrates @circle's $USDC in their platform. .@BBVASwitzerland
https://t.co/YC4e1sdQS9
While some are espousing a scorched earth policy, at @circle and as @jerallaire said on @SquawkCNBC, #CryptoIsPurple - here’s my message from yesterday’s @Crypto4Harris townhall.
We are thrilled to host our next Unlocking Impact Pitch Competition (3rd this year!) during the UNGA in September! Don't miss your chance to pitch live – *the application deadline is next week.* Apply now and join us to amplify your impact!