AID:Tech announced that it will soon begin utilizing Circle’s payment solution and its USD Coin stablecoin. According to a press release published on 27 August, the additions will enable the company to provide its consumers with fast and efficient funds while securing the safety of their digital identity.
Founded in 2015, AID:Tech is a financial services company focused on providing transparency to federal relief distribution. The company provides an easy-to-use platform that enables donors to deliver assistance to those in need and track the path of their donations. The partnership with Circle will enable the company to deliver its services, including providing disbursements to victims of natural disasters and partnering with governments or charitable organizations.
“In the wake of disaster, money matters, and timing is everything,” said Joseph Thompson, the Co-Founder and CEO of AID:Tech. “This collaboration gives AID:Tech an opportunity to make a meaningful impact when people need it most.”