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Circle Foundation and United Nations Aid Agencies Partner to Transform Global Aid Delivery and Transparency
Circle Foundation’s first international grant will support digital financial infrastructur...
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[{"type":"text","content":"Circle Foundation and United Nations Aid Agencies Partner to Transform Global Aid Delivery and Transparency\n\n\n .bwalignc { text-align: center; list-style-position: inside }\n.bwlistdisc { list-style-type: disc }\n \n\n\n\n\n Circle Foundation’s first international grant will support digital financial infrastructure across UN Ecosystems and its stakeholders\n \n\n\n\n\n More than $38B in annual humanitarian funds rely on legacy systems that can be slow and inefficient; UNHCR’s blockchain‑based banking pilots demonstrate how next‑generation digital financial infrastructure—including regulated stablecoins—can deliver human-centered aid faster, with full traceability, stronger accountability, and with promising initial cost savings of up to 20% —maximizing impact for every donor dollar.\n \n\n\n\n\n\n\n Circle Foundation\n \n , a new philanthropic initiative supported by Circle Internet Group, Inc.’s (NYSE: CRCL) 1% equity commitment, today announced its first international grant to support the United Nations’ Digital Hub of Treasury Solutions (DHoTS) in its efforts to streamline monetary value transfers across the UN system, reduce costs, enhance transparency, and enable secure, real-time access to financial systems and markets worldwide. The announcement was made during a panel hosted by the World Economic Forum at its Annual Meeting in Davos.\n \n\n Founded by UNHCR, the UN Refugee Agency, DHoTS is a joint UN platform launched in 2021 to create an integrated Financial Gateway using next-generation banking and risk management technology to strengthen financial resilience across UN systems. Under UNHCR’s strategic leadership, DHoTS has now expanded to include 15 agencies – including the United Nations Development Programme (UNDP), the International Organization for Migration (IOM), the World Meteorological Organization (WMO), the Organisation for Economic Co-operation and Development (OECD), and the International Civil Aviation Organization (ICAO) – with technical support from the United Nations International Computing Centre. Circle Foundation’s grant to UNHCR in support of DHoTS builds on Circle’s 2022 collaboration with UNHCR when the agency\n \n pioneered USDC-based aid payouts for displaced Ukrainians\n \n , setting a new stand...