Circle Foundation announced two partnerships with the United Nations Development Programme (UNDP) and the World Food Programme (WFP) to explore digital payments and regulated stablecoin infrastructure for development and humanitarian operations. UNDP will use a Circle Foundation grant to establish a Digital Asset Innovation Pool designed to structure the use of regulated payment stablecoins in development programs, complementing existing banking channels. WFP plans to test two to three country corridors over three years with stablecoin-enabled payment infrastructure, developing governance, compliance and reconciliation systems. These initiatives are expected to improve the speed, cost and transparency of aid payments while expanding access to digital financial services for vulnerable populations.
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