Circle has launched digital initiatives for women and minorities
The company plans to involve as many people as possible in the cryptocurrency industry
19.11.2021 - 07:15
518
1 min
0
What’s new? The Circle company, the issuer of the USDC stablecoin, has announced the launching of a new initiative to involve women and ethnic minorities in the world of digital finance. It is reported on the official Twitter account.
1/ Today, we announced our plan to direct billions of dollars of USDC reserves to Community Banks and Minority Depository Institutions (MDIs) throughout the United States. This program is part of a broader initiative we announced today, Circle Impacthttps://t.co/0qgc3KMKuv— Jeremy Allaire (@jerallaire) November 17, 2021
What programs are provided? According to the release, funds in the amount of billions of USDC will be distributed in 4 main areas:
- Direct transfers to the accounts of ethnic minority depository institutions and local banks.
- A startup financing program with female executives.
- Improving digital asset literacy in educational institutions.
- Developing public-private partnerships to introduce payments using stablecoin.
The support program is called Circle Impact and will be launched shortly, the company said.
Useful material?
Market
Users who have experienced withdrawal problems in the last two days will be eligible to participate
Mar 28, 2024
Market
Last July, a criminal investigation into the exchange was opened by the US authorities
Mar 27, 2024
Market
The unrealized profit from the deal was $8,9 million
Mar 26, 2024
Incidents
The phasing out began on March 25
Mar 25, 2024
Crypto regulations
The new measures must go through additional stages of approval
Mar 25, 2024
Incidents
The popularity of this kind of project launch format has already led to blockchain overload
Mar 20, 2024