Tokenization is Already Helping the World’s Vulnerable: Here’s How

Tokenization is transforming the financial landscape, providing a means for aid organizations to deliver efficient services. The Stellar Development Foundation highlights how the Stellar blockchain facilitates these solutions, enabling aid to reach vulnerable populations quickly and securely. The United Nations High Commissioner for Refugees (UNHCR) uses Stellar’s technology to distribute USDC stablecoins to war-impacted Ukrainians, promoting accountability and transparency. This approach has seen over $4.2 million disbursed to Ukrainian households. Additionally, Stellar combats hyperinflation, seen in countries like Argentina, by offering stable cryptocurrency alternatives and practical cash withdrawal solutions. The Stellar network’s Soroban platform also seeks to lower barriers, contributing to reaching millions globally with reliable financial services.