Circle, a global financial technology firm and the issuer of cryptocurrencies USDC and EURC has announced the District as one of its two stops in the Unlocking Impact Pitch Competition Roadshow Series.

The first stop of the competition is in New York on Sept. 22, while the  Districtโ€™s competition will occur on Oct. 26. This fall, the competition invites innovators to present their visionary solutions to an audience of global leaders, investors and changemakers for a chance to win up to $100K USDC.

Winners also receive mentorship and guidance to support them through the next stages of implementation, along with co-marketing opportunities with Circle to amplify their work. 

โ€œThe Unlocking Impact Pitch Competition reflects Circleโ€™s dedication to nurturing innovations that can deliver real-world solutions,โ€ said Mercina Tillemann Perez, vice president of Circle Impact. โ€œThese ideas have the power to tackle pressing global challenges and drive lasting, positive transformationโ€”we feel privileged to support these pioneering entrepreneurs on their journeys to expand financial access.โ€

The pitch competition was designed to help identify and support the newest transformative ideas and innovative projects to enable rapid humanitarian assistance anywhere around the world. In addition to New York and the District, there is a Paris, France round of the competition.

Ensuro, a recent winner of the Districtโ€™s edition of the competition, deals with blockchain and smart contracts in the insurance industry utilizing USDC.

For more information, go to circle.com.

James Wright Jr. is the D.C. political reporter for the Washington Informer Newspaper. He has worked for the Washington AFRO-American Newspaper as a reporter, city editor and freelance writer and The Washington...

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