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Circle Foundation Backs UN Stablecoin Payment Trials For Humanitarian Aid

Bitcoinist
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Circle Foundation Backs UN Stablecoin Payment Trials For Humanitarian Aid

TL;DR Circle Foundation has announced grants supporting digital-payment projects at the United Nations Development Programme and World Food Programme. The initiatives will examine how regulated payment stablecoins can improve the speed, cost and transparency of aid distribution. WFP plans to test two to three payment corridors over three years, while UNDP will build a Digital […]

Key Takeaways

  1. TL;DR Circle Foundation has announced grants supporting digital-payment projects at the United Nations Development Programme and World Food Programme.
  2. The initiatives will examine how regulated payment stablecoins can improve the speed, cost and transparency of aid distribution.
  3. WFP plans to test two to three payment corridors over three years, while UNDP will build a Digital […]
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Summary generated by IndiCrypto from Bitcoinist. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.