KEY TAKEAWAYS
- Circle Internet Group awarded ATEC Global a $100,000 USDC prize for its innovative climate solutions at the Unlocking Impact Pitch Competition.
- ATEC Global’s technology enables decentralized carbon markets, aiming to reach one million people by 2028 with Circle’s support.
- The competition highlights the role of fintech and blockchain in driving global social impact and sustainable development.
Circle Internet Group, Inc. (NYSE: CRCL), a leader in the stablecoin market, announced that ATEC Global has won the sixth Unlocking Impact Pitch Competition. The event took place during the 2025 United Nations General Assembly in New York City. ATEC Global, based in Cambodia, was awarded a $100,000 USDC prize for its innovative approach to driving global impact and progress toward the UN Sustainable Development Goals.
The competition featured three finalists from Cambodia, Ecuador, and Argentina, each utilizing fintech, blockchain, and micro-payment solutions to foster global change. ATEC Global was selected by a panel of judges, including Bermuda’s Premier David Burt and senior leaders from Visa, Mastercard, the World Food Programme, Ernst & Young (EY) LLP, and Goodwall.
ATEC Global focuses on climate solutions through IoT-enabled cooking technology and a Web3 platform for decentralized carbon markets. Their technology stack allows communities in the Global South to measure, verify, and trade emissions reductions in global carbon markets with Gold Standard verification. With Circle’s support, ATEC aims to expand its reach to one million people by 2028.
Elisabeth Carpenter, Chief Strategic Engagement Officer at Circle, emphasized the transformative potential of USDC in expanding financial access. She noted the passion and creativity of the finalists and expressed optimism about ATEC’s ability to scale its impact with Circle’s support. ATEC Global CEO Ben Jeffreys highlighted the partnership’s potential to enable women across Africa and Asia to tokenize their carbon assets, creating income opportunities with USDC.
The Unlocking Impact Pitch Competition, initiated by Circle, seeks to identify and support transformative ideas that enable social impact worldwide. The competition has grown in popularity since its 2023 pilot in New York, expanding to major international cities like Paris and Washington D.C.
For more information, visit the official announcement here.
Why This Matters: Impact, Industry Trends & Expert Insights
ATEC Global has been awarded a $100,000 USDC prize by Circle for its innovative efforts in advancing the UN Sustainable Development Goals through blockchain technology and IoT solutions. This recognition highlights the growing role of fintech and blockchain in driving social impact.
A recent report highlights that stablecoins, such as USDC, are becoming crucial for cross-border payments and financial inclusion, particularly in emerging markets. This aligns with ATEC Global’s use of USDC to facilitate carbon credit trading and financial access in the Global South.
Expert reviews from industry analysts emphasize ATEC’s pioneering integration of IoT technology and carbon markets as a transformative approach in the clean cooking sector. This supports the potential impact of ATEC’s initiatives in promoting sustainable development and economic empowerment.
Explore More News:
Disclaimer: The views expressed in this article are those of the authors and do not necessarily reflect the official policy of CoinsHolder. Content, including that generated with the help of AI, is for informational purposes only and is not intended as legal, financial, or professional advice. Readers should do their research before taking any actions related to the company and carry full responsibility for their decisions.
