Circle Foundation Partners with UNDP and WFP to Explore Stablecoin Humanitarian Aid

The Circle Foundation is supporting the United Nations Development Programme (UNDP) and the World Food Programme (WFP) to enhance digital payment infrastructure using regulated stablecoins. The initiative aims to improve the efficiency, transparency, and accessibility of humanitarian aid and development funding. Circle Foundation will fund the UNDP's Digital Asset Innovation Pool to transition stablecoin payments from pilot programs to regular operations. Additionally, it will provide a grant to World Food Program USA to help the WFP develop governance, risk management, and compliance systems for stablecoin payments, with plans to test these solutions in two to three countries over the next three years.