United Nations Development Programme and Stellar Development Foundation Join Forces to Advance Blockchain Solutions for Financial Inclusion

The United Nations Development Programme (UNDP) and Stellar Development Foundation (SDF) have announced a collaboration to leverage blockchain technology in advancing financial inclusion. This strategic partnership will focus on the development of scalable blockchain solutions that foster equitable economic growth, particularly in emerging countries. By utilizing the Stellar network’s open-source tools, the partnership aims to improve access to digital financial services, facilitate safe cross-border transactions, and deliver low-cost digital payment options essential for humanitarian aid and remittances. The joint efforts will concentrate on financial empowerment of underserved communities and encouraging innovation through pilot projects and knowledge sharing. This collaboration aligns with the Sustainable Development Goals by promoting financial inclusion and systemic transformation. It underscores the mission of the Stellar Development Foundation to enable global access to financial systems.