PANews reported on December 2nd that Circle announced the establishment of the Circle Foundation, a new philanthropic initiative dedicated to advancing financial resilience and inclusion in the United States and globally. The Circle Foundation is seed-funded by a 1% equity commitment from Circle and aims to support organizations that can strengthen the financial system, including institutions that partner with small businesses in American communities and international organizations that modernize humanitarian aid infrastructure.

The foundation will initially focus on strengthening the financial resilience of small businesses across the United States by providing grants to Community Development Financial Institutions (CDFIs). Globally, the Circle Foundation will collaborate with international organizations to modernize humanitarian financial infrastructure.