Zodiac Custody, Stellar, International Rescue Committee, and MoneyGram announced a partnership to enable charities to distribute aid globally using blockchain technology and stablecoins, solving critical gaps in humanitarian payment infrastructure.
Zodiac Custody, a bank-backed crypto custodian spun out from Standard Chartered, announced a partnership with Stellar, International Rescue Committee, and MoneyGram to revolutionize charitable giving and humanitarian aid distribution. The solution uses Stellar's blockchain distribution platform for secure, auditable fund transfers, Zodiac Custody for asset security, and MoneyGram's network for last-mile cash delivery. International Rescue Committee, founded by Albert Einstein in 1933 and operating in 50 countries, shared their experience piloting blockchain payments in Ukraine and explained how this infrastructure enables them to accept crypto donations and distribute aid more efficiently. The partnership addresses critical pain points in humanitarian finance, particularly in high-inflation countries where stablecoins serve as a killer use case for preserving aid value.