Circle Foundation, the charitable arm of Circle Internet Group, has launched two grant programs with the United Nations Development Programme and the World Food Programme to examine how regulated stablecoins and digital financial infrastructure could be used in international development and humanitarian aid payments. One grant will fund the creation of UNDP’s Digital Asset Innovation Pool, designed to help country offices move regulated stablecoin payments beyond local pilots and into full program delivery. Circle said the mechanism is intended to complement traditional banking rails. A separate grant to World Food Program USA will support the World Food Programme in building governance, risk, compliance, and fund reconciliation frameworks for digital asset distribution. WFP said it plans to test stablecoin payment channels in two to three countries over the next three years and commission independent research to set benchmarks for speed, efficiency, and cost. The update was reported by Bitcoin.com News.
Circle Foundation, the charitable arm of Circle Internet Group, said it has launched two grant programs with the United Nations Development Programme (UNDP) and the World Food Programme (WFP) to explore the use of regulated stablecoins and digital financial infrastructure in international development and humanitarian aid payments.
Under the plan, Circle Foundation will fund the creation of UNDP’s Digital Asset Innovation Pool. The program is intended to help UNDP country offices expand regulated stablecoin payments from local pilots into full project delivery. The mechanism is meant to complement traditional banking systems.
A separate grant awarded to World Food Program USA will support the WFP in building governance, risk, compliance, and fund reconciliation frameworks for digital-asset distribution. WFP said it plans to test stablecoin payment channels in two to three countries over the next three years. It also plans to conduct independent research to establish benchmarks for speed, efficiency, and cost.
The development was reported by Bitcoin.com News.
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