UN Gets Circle Grant: Stablecoins for Cheaper Refugee Aid Delivery
The United Nations has received a grant from Circle to improve cross-border refugee aid. Circle stated that digital financial infrastructure, such as stablecoins, could reduce the cost of delivering humanitarian aid by 20%. The development suggests that stablecoins and blockchain technology may offer more efficient and cost-effective solutions for international aid distribution, potentially impacting how humanitarian organizations manage and deliver assistance to refugees.
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