TechFlow, December 2 — According to an official announcement, stablecoin issuer Circle has announced the establishment of the Circle Foundation, dedicated to advancing financial resilience and inclusivity in the United States and globally. Funded through Circle's Pledge 1% equity commitment, the foundation will focus on strengthening financial systems that people rely on daily.
In its initial phase, the foundation will prioritize enhancing financial resilience for small businesses in the United States by funding Community Development Financial Institutions (CDFIs) to address gaps in traditional financial services.
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