The UN Is Sending War-Torn People In Ukraine Aid In Crypto - Here's Why - 0 views
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John Kiff on 17 Dec 22Through a new blockchain-based humanitarian program, the Office of the UN High Commissioner for Refugees (UNHCR) will send cryptocurrency to Ukrainians displaced by Russia's atrocities. Stellar Development Foundation has partnered with UNHCR to deliver USD Coin (USDC) to Stellar's Vibrant digital wallets of eligible applicants. The relief beneficiaries can then convert the USDC into the currency of their choice at at MoneyGram outlets, of which there are 4,500 in Ukraine. The program's developers hope that this will allow refugees to get aid more easily, regardless of whether or not they have access to a bank account.