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Circle Foundation funds UNDP, WFP stablecoin payment trials

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Circle Foundation announced grants for separate digital-payment trials with the United Nations Development Programme and the World Food Programme on Sep. 25. The work centers on regulated stablecoin payments for development and humanitarian programs, with one trial framed around a Digital Asset Innovation Pool and another around payment corridors and country testing over the next three years. [12780] [13054] [17608]

Key claims & sources

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Circle Foundation said on Sep. 25 that it had awarded two grants, one for the United Nations Development Programme and one for the World Food Programme, to test digital payments for development work and humanitarian aid.
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The UNDP project will create a Digital Asset Innovation Pool to explore regulated stablecoins in development programs.
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The WFP plan includes testing two to three payment corridors over three years.
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The grants are set to support regulated payment infrastructure and WFP tests in two to three countries over the next three years.

What it means

UNDP and WFP are the immediate focus, because each is getting support for separate payment trials tied to development and aid work. That means the teams running those programs will have a live setup to examine digital-payment workflows rather than only planning them on paper.

Before these grants, the work was not described as having a dedicated Digital Asset Innovation Pool at UNDP or a multi-year WFP corridor test. In practice, that shifts the experimentation into named programs and preserves the broader aim of using regulated stablecoins in aid and development settings.

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Coverage timeline

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first
Sep 25 15:40
+3 h 11 m
Sep 25 18:51
Crypto Economy context
Its angle: operational, regulations, potentially; with quotes
+1 d 13 h
Sep 27 05:30
Bitcoinist echo
No new facts: infrastructure, organizations, philanthropic