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VideoYouTubeStellar Development FoundationDecember 15, 20223y ago30:32

Something BIG is coming!

Stellar Development Foundation and UNHCR launched a blockchain-based aid disbursement system live in Ukraine, delivering digital cash assistance to internally displaced persons using USDC stablecoins, Vibrant wallets, and MoneyGram's cash-out network.

PaymentsFinancial InclusionPartnerships
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The Stellar Development Foundation announced the live deployment of the Stellar Blockchain Aid Disbursement System in partnership with UNHCR, delivering digital cash assistance to internally displaced persons in Ukraine. The system integrates Circle's USDC stablecoins for stable value storage, Vibrant's non-custodial wallet software for fund management, and MoneyGram International's global cash-out network for local currency conversion. The solution addresses humanitarian needs by providing instant access to financial ecosystems, full transparency and auditability of transactions, portability for displaced populations, and protection against corruption. Implemented in Kyiv, Lviv, and Vinnytsia with plans for expansion, the system demonstrates how blockchain technology combined with traditional financial infrastructure can scale humanitarian aid delivery while maintaining accountability to donors and beneficiaries.

Mentioned projects
4 projects linked
C
CircleInfrastructure & Services
stablecoinscross-border-paymentsinstitutional

Circle is the full-stack platform for the internet financial system — issuing USDC and EURC stablecoins and powering global paym…

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M
Moneygram
PaymentsRemittancesOn-Off Ramp

MoneyGram is a global leader in cross-border P2P payments and money transfers, operating in over 200 countries and territories. …

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Stellar Development FoundationInfrastructure & Services
Audited
InfrastructureCommunity

The Stellar Development Foundation (SDF) is a non-profit organization that supports the development and growth of the Stellar ne…

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Vesseo
Software WalletStablecoinsMobile

Vibrant is a digital wallet that enables users to buy, sell, store, send, and receive USDC. Built on the Stellar blockchain, it …

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