{"id":614225,"date":"2026-07-07T08:00:58","date_gmt":"2026-07-07T12:00:58","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=614225"},"modified":"2026-07-07T07:02:39","modified_gmt":"2026-07-07T11:02:39","slug":"united-nations-doubles-down-on-stellar-after-aid-costs-fall-80-details","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/united-nations-doubles-down-on-stellar-after-aid-costs-fall-80-details\/","title":{"rendered":"United Nations doubles down on Stellar after aid costs fall 80% \u2013 Details"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Stablecoins are increasingly becoming part of humanitarian aid delivery. The recent extension of the Stellar-UN partnership reflects broader experimentation with blockchain-based payment rails in humanitarian operations.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to the United Nations Development Programme (UNDP), the initial test pilot with Stellar on digital payments and tracking will enter a new scaling phase.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In a statement, Robert Pasicko, UNDP Alternative Finance Lab, hailed digital payments as a crucial way of driving financial inclusion in some countries.\u00a0<\/span><\/p>\n<blockquote><p><span style=\"font-weight: 400;\">We have shown that digital payments can reach the people that conventional systems miss, and in some of the hardest places to operate.<\/span><\/p><\/blockquote>\n<p><span style=\"font-weight: 400;\">The two organizations have been running a test pilot for the past 16 months across Haiti, Syria, Guatemala, Kenya, and other countries. Some of the tests included cash-for-work stipend transfers in areas with low cellular network connectivity.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Notably, the pilot test <a href=\"https:\/\/innovation.eurasia.undp.org\/undp-stellar-digital-payment-solutions\/\" target=\"_blank\" rel=\"noopener\">found<\/a> that transfer costs reduced from 10% to 2% with blockchain rails compared to conventional methods. There was also a 100% success rate in transfers, even in areas with poor cellular network coverage.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For Stellar\u2019s Legal Chief, Candace Kelly, the results prove the viability of blockchain rails in last-mile connectivity.\u00a0<\/span><\/p>\n<blockquote><p><span style=\"font-weight: 400;\">These pilots showed what open, public blockchain infrastructure can do when it is built around the realities of the last mile.<\/span><\/p><\/blockquote>\n<h2>Crypto: Aid support vs. terrorism financing<\/h2>\n<p><span style=\"font-weight: 400;\">In fact, crypto firms have increasingly been active in charity operations. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Binance, for example, sent $3M USDT to victims in the recent earthquake in Venezuela. The exchange has made similar efforts to the Philippine flood victims and the Ebola outbreak response in DRC and Uganda.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, in some conflict areas like Sudan and Afghanistan during the Taliban takeover, the international and local banking systems failed. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Effectively, this locked out victims from aid support. For UNDP and Stellar, blockchain rails have helped solve this kind of last-mile friction.\u00a0\u00a0<\/span><\/p>\n<h2>What challenges still remain?<\/h2>\n<p><span style=\"font-weight: 400;\">Besides, a <\/span><a href=\"https:\/\/data.marketimpact.org\/fx\/why-this-matters\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">report<\/span><\/a><span style=\"font-weight: 400;\"> by Market Impact found that the U.S has cut its humanitarian aid support by 88%. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">As such, donor organizations can\u2019t afford to lose the little they have to high exchange rates and transfer costs. Per the report, stablecoins have helped reduce aid delivery costs by over 80% in some countries, reinforcing the Stellar-USDP tests.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Still, the above benefits have also attracted sanctioned entities seeking to bypass capital controls or enable terrorist financing. For example, the <\/span><a href=\"https:\/\/ambcrypto.com\/outright-grabbed-the-wallets-u-s-treasury-seizes-1b-of-irans-crypto-funds\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">US froze<\/span><\/a><span style=\"font-weight: 400;\"> over $1B of Iran\u2019s crypto funds over alleged terrorist financing.\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Overall, these developments show the growing influence of crypto in global humanitarian efforts and geopolitics.\u00a0<\/span><\/p>\n<hr \/>\n<h2>Final Summary<\/h2>\n<ul>\n<li style=\"font-weight: 400;\"><em><span style=\"font-weight: 400;\">Stellar to extend UNDP partnership to scale crypto aid delivery and support last-mile connectivity.\u00a0<\/span><\/em><\/li>\n<li style=\"font-weight: 400;\"><em><span style=\"font-weight: 400;\">Pilot tests established that the aid delivery cost dropped from 10% to 2% using stablecoins compared to other payment methods.\u00a0\u00a0<\/span><\/em><\/li>\n<\/ul>\n<hr \/>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stablecoins are becoming a crucial way to offer humanitarian relief <\/p>\n","protected":false},"author":79,"featured_media":614268,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[66,4,5825,20],"tags":[],"class_list":["post-614225","post","type-post","status-publish","format-standard","has-post-thumbnail","category-new-news","category-social","category-stablecoins","category-trading-view"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.4) - 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