Odaily News According to a public announcement from Circle, Circle has established the Circle Foundation, a new charitable initiative aimed at advancing financial resilience and inclusivity in the United States and globally. The Circle Foundation is seeded with funds from Circle's “Pledge 1%” equity commitment, designed to support organizations that can strengthen the financial system, including institutions that work with small businesses in American communities, as well as international organizations that promote the modernization of humanitarian aid infrastructure. The foundation will initially focus on enhancing the financial resilience of small businesses across the United States by providing funding to support Community Development Financial Institutions (CDFIs). Globally, the Circle Foundation will collaborate with international organizations to promote the modernization of humanitarian financial infrastructure.