The global financial system has brought prosperity and incredible innovation to millions of people around the world. But for millions more, the physical infrastructure required for even basic financial services still isn’t in place, leaving entire communities unbanked or underbanked.
How USDC Can Help Bank the Unbanked
Stablecoins like USDC are powering open money, offering access to the security of the US dollar, accessible near-instantly around the clock, and at a low cost. Built on a foundation of crypto innovation and rooted in the ethos of the open internet, open money is banking the unbanked with better access to saving, spending, and other basic financial services.
Dante Disparte, Chief Strategy Officer and Head of Global Policy at Circle has a personal stake in the basic human rights and equities of financial access. As the first family member to graduate college after growing up poor in Puerto Rico, Dante’s experience illuminates how important it is to unlock the economic potential of billions of people globally still in the financial shadows.
Our economies are connected like never before, and truly global access to dollar stability will allow greater participation even by those who have previously been left behind and unbanked.
Enter the Open Money Era
In Dante’s own words, “We have not had a wave of innovation that allows everyone to be on a level playing field—to create, collaborate, and transact on a global scale—until now.”
Learn more about USDC, or visit Circle Stories to see how Circle is bringing open money to the world.