Circle, a prominent financial technology firm, has been recognized for its groundbreaking work and inclusion on the prestigious TIME 100 Most Influential Companies 2023 list. In the “Leaders” category, Circle’s tireless efforts in evolving and expanding the utility of its digital currency, USDC, have made a significant impact.
With a specific focus on humanitarian aid, Circle has pioneered the use of USDC in real-world scenarios. Collaborating with the United Nations High Commissioner for Refugees (UNHCR) and the Stellar Development Foundation, Circle facilitated a pilot program in December 2022. The initiative involved distributing USDC through secure digital wallets to Ukrainian refugees, enabling them to exchange it for local currencies.
Jeremy Allaire, the visionary CEO of Circle, conveyed his deep appreciation for the remarkable achievement, emphasizing the significance of being named to the esteemed TIME 100 Most Influential Companies 2023 list. He expressed, “The inclusion of Circle on the TIME 100 list is a momentous honor for our entire team and a powerful testament to the transformative impact we strive to make each day. Sharing this recognition with industry leaders, trailblazers, and innovators who are driving positive change globally is truly inspiring.”
Allaire’s words reflect the immense pride felt by Circle as they stand shoulder-to-shoulder with the most influential and groundbreaking companies of our time. This acknowledgment solidifies Circle’s position as a driving force in the financial technology sector and reinforces its commitment to making a lasting and meaningful impact on the world.
The TIME 100 Most Influential Companies 2023 list highlights organizations that have made extraordinary global impacts. Categorized into Leaders, Disrupters, Innovators, Titans, and Pioneers, these companies have demonstrated exceptional ambition, success, innovation, and overall influence. Nominations were collected from TIME’s vast network of contributors, correspondents, and industry experts, and the final selection was meticulously evaluated by TIME editors.
Circle’s inclusion in this esteemed list solidifies its position as a trailblazing force within the financial technology sector. With its commitment to advancing the usability and accessibility of USDC, Circle continues to contribute to charting a crucial path forward in the ever-evolving landscape of digital finance.
