JSFiddle - React, Tailwind, and code Playground
HTML
<div class="cutout"></div>
CSS
body {
padding: 50px;
}
.cutout {
height: 88px;
width: 88px;
/* the inverse circle "cut" */
background-image: -webkit-radial-gradient(0px 45px, circle closest-corner, rgba(0, 0, 0, 0) 0, rgba(0, 0, 0, 0) 13px, gray 14px);
}