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Stellar Development Foundation, International Rescue Committee pilot blockchain-powered aid system in Ukraine

The International Rescue Committee (IRC) and the Stellar Development Foundation (SDF) have partnered to pilot a blockchain-powered cash disbursement system in Ukraine.

The pilot, called Stellar Aid Assist, uses the Stellar blockchain to deliver relief funds to individuals in crisis using USD Coin (USDC). The system allows users to receive, store, and transport funds securely, and offers a more efficient and transparent way of distributing aid compared to traditional methods.

(by Josh O'Sullivan)

Ukraine Blockchain
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