Circle Launches Initiative to Boost Global Financial Inclusion
Circle, the payment services company that operates stablecoin USD coin (USDC), has launched an initiative aimed at helping minorities and women, as well as supporting humanitarian efforts around the world.Dante Disparte, the company’s chief strategy officer and head of global policy, announced the initiative in a post on Circle’s website on Wednesday.Circle said its “Circle Impact” initiative will allocate a share of USDC reserves to often underrepresented Minority-owned Depository Institutions (MDIs) and community banks.Circle will also create programs through its SeedInvest platform to facilitate funding startups led by women and minorities.The initiative will also create a digital finance literacy program…