Circle Foundation Launches Stablecoin Aid Payment Grant Programs with UNDP and WFP

Odaily Planet Daily News – Circle Internet Group's charitable arm, Circle Foundation, has announced the launch of two grant programs in collaboration with the United Nations Development Programme (UNDP) and the World Food Programme (WFP). These programs aim to explore the use of regulated stablecoins and digital financial infrastructure for international development and humanitarian aid payments. Circle Foundation will fund UNDP to establish a Digital Asset Innovation Pool, supporting its country offices in scaling regulated stablecoin payments from local pilot projects to full project delivery. This mechanism is designed to complement traditional banking systems. Another grant, awarded to World Food Program USA, will support WFP in developing governance, risk, compliance, and fund reconciliation frameworks for digital asset distribution. Over the next three years, WFP plans to test stablecoin payment channels in 2 to 3 countries and conduct independent research to establish benchmarks for speed, efficiency, and cost. (Source: (Bitcoin.com) News)