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The Future First pilot program will explore how stablecoin USDC payments can help fight poverty, improving quality of life and decisions in education and housing, especially for non-banked people. *** Innovative pilot program explores the use of cryptocurrencies to fight poverty. Financed by Coinbase, it will distribute $12,000 to non-banked people in New York. Payments will be distributed in USDC, which participants will be able to exchange for…
Coinbase tests USDC aid delivery for low-income New Yorkers — will it work?
Coinbase is piloting $12,000 USDC transfers in New York, testing whether stablecoins can deliver aid to low-income households more efficiently. Coinbase returns to direct aid with GiveDirectly In early October 2025, Coinbase and the nonprofit GiveDirectly launched a pilot program…
Crypto Briefing
World NEWS LiveCoinbase funds New York pilot giving $12K in USDC to low-income residents
The pilot could influence future financial aid models by demonstrating the viability of stablecoins in public assistance programs. The post Coinbase funds New York pilot giving $12K in USDC to low-income residents appeared first on Crypto Briefing.
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