The Circle Pressroom

Press Release
November 23, 2022

Circle Supports Ukraine Charity Dinner with 100K Euro Coin Pledge to UNHCR’s Ukraine Crisis Relief Efforts

BOSTON — November 23, 2022 — Last night, at the Ukraine Charity Dinner hosted by Dr. Lisa Cameron, Member of Parliament and Chair of the Crypto and Digital Assets All Party Parliamentary Group, Circle Internet Financial, LLC  was delighted to announce a 100k Euro Coin pledge UK for UNHCR’s Ukraine Emergency Appeal. This will help support UNHCR relief efforts for people displaced by the war in Ukraine. 

Dr. Cameron was moved to action after visiting Poland earlier this year, where she met with Ukrainian refugees and heard a first-hand account of  the devastation, loss, destruction of infrastructure and upheaval affecting the Ukrainian people. 

“Learning about the depravity and devastation this has brought on Ukraine was incredibly difficult,” said Dr. Cameron. “As I came to terms with the harsh realities, doing something was a necessary outcome and I knew my MP colleagues and the community would support an initiative to assist Ukraine. I am thrilled that Circle has helped answer the call at the Ukraine Charity Dinner.” 

A global internet financial firm and issuer of USD Coin (USDC) and Euro Coin (EUROC), Circle maintains an ongoing commitment  to providing humanitarian aid and relief through blockchain powered intervention and the pillars of its Circle Impact initiative launched in November 2021. 

“As millions of people face the prospect of displacement, having forms of value that travel with you can offer some semblance of solace, stability and recovery,” said Dante Disparte, Chief Strategy Officer and Head of Global Policy at Circle. “Supporting Dr. Cameron’s event in support of UNHCR is a wonderful opportunity to accelerate the art of possible when real-time payment corridors are established as a part of the humanitarian response playbook.”

Since the beginning of the war in February 2022, nearly one-third of Ukrainians have been forced from their homes. There are currently more than 7.8 million refugees are registered from Ukraine across Europe and a further 6.5 million Ukrainians have been forcibly displaced within Ukraine. UNHCR has commended the global community’s solidarity with people forced to flee the country and those displaced internally.

"The humanitarian situation inside Ukraine remains dire, with the bitterly cold winter ahead bringing increased urgency to needs on the ground," said Vicky Tennant, UNHCR Representative to the United Kingdom. "We are honored and grateful to receive this vital support from Circle and the broader APPG charitable dinner, and see this as an example of how public and private partners can work together to protect people fleeing conflict and persecution around the world."