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Tuesday, February 03, 2026
FinovateEurope | FFNews

Circle Partners with Leading Minority-owned Bank, Citizens Trust Bank to Hold USDC Reserves and Collaborate on Financial Inclusion and Digital Financial Literacy

Financial inclusion is at the forefront of a new partnership between Atlanta’s Citizens Trust Bank and Circle Internet Financial

Circle Internet Financial, a global digital financial technology firm and the issuer of USD Coin (USDC), has announced that Citizens Trust Bank will hold $65 million in USDC cash reserves. The move is part of Circle’s commitment to allocate a share of USDC dollar-denominated reserves to Minority-owned Depository Institutions (MDIs) and Community Banks across the country.

“For the future of finance and banking to be more inclusive than the past, historically marginalized communities cannot merely be beneficiaries of financial services, they must also be protagonists,” said Dante Disparte, Chief Strategy Officer and Head of Global Policy for Circle. “Citizens Trust Bank is a phenomenal leader in this space. We are anxious to support their strategic drive to $1B deposits and help drive financial inclusion and digital financial literacy in Atlanta.”

Together, Circle and Citizens Trust Bank plan to extend their collaboration to the greater Atlanta community, working on financial inclusion and digital financial literacy initiatives for their customers. Plans to extend programming into the community via Atlanta’s historic HBCUs and local schools are in development with a launch event this summer and a $100,000 seed grant from Circle.

“Citizens Trust Bank is extremely proud to partner with Circle, and we applaud their commitment to financial inclusion and digital financial literacy. Their commitment closely aligns with ours and is a representation of how strong partnerships can build stronger communities,” said Cynthia N. Day, President and Chief Executive Officer of Citizens Trust Bank. “The opportunity to maintain a portion of Circle’s growing USDC reserves means we are strengthening our balance sheet and becoming a key part of fast-growing new markets. This will support our commitment to providing access to capital for small businesses, improve the financial ecosystem through financial inclusion, build wealth and pave the way for stronger communities.”

 

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