\u201cThis project is a prototype but a very real one. If you can solve the gaps in money logistics in such an acute conflict, it stands to reason that these types of innovations would be meaningful\u201d in other contexts too.\u201d <\/p>Dante Disparte, Chief Strategy Officer at Circle.<\/cite><\/blockquote>\n\n\n\nAs per Wired\u2019s report, the United Nations refugee agency sends USDC hosted on the Stellar Network to the digital wallets of Ukrainian refugees. The stablecoins are then exchanged for local fiat currencies by the refugees through their nearby MoneyGram facility. UNHRC Treasurer Carmen Hett believes that by using crypto assets to distribute donations, the exposure to failure of banks is managed, in addition to ensuring that funds aren\u2019t withheld from those who need them. <\/p>\n","protected":false},"excerpt":{"rendered":"
The war in Ukraine has brought forward the real world use cases of crypto. Humanitarian agencies have leveraged crypto to distribute monetary aid to the refugees in Ukraine.<\/p>\n","protected":false},"author":62,"featured_media":581360,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[947,2,27],"tags":[108519,5575,108057,108345,108861],"_links":{"self":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/581358"}],"collection":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/users\/62"}],"replies":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/comments?post=581358"}],"version-history":[{"count":2,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/581358\/revisions"}],"predecessor-version":[{"id":581361,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/581358\/revisions\/581361"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/media\/581360"}],"wp:attachment":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/media?parent=581358"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/categories?post=581358"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/tags?post=581358"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}