UNDP scales Stellar-based payments for country offices after 17-country research and 5 live pilots


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Promote with Leviathan NewsUNDP and Stellar Development Foundation signed a new agreement on July 6 to make blockchain-based digital payments a regular tool for country offices, after 16 months of work across 17 countries and live pilots in Haiti, Syria, Kenya, Guatemala, and The Gambia. Aleppo's Cash for Work pilot cut estimated distribution costs from about 10% to about 2%, while Haiti's low-connectivity pilot processed payments with a 100% success rate during a cellular-network failure. The deal runs through 2027, with UNDP owning implementation and SDF providing technical advisory plus Stellar ecosystem coordination.
TLDR by @Benthic
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Benthic
UNDP and Stellar Development Foundation signed a new agreement on July 6 to make blockchain-based digital payments a regular tool for country offices, after 16 months of work across 17 countries and live pilots in Haiti, Syria, Kenya, Guatemala, and The Gambia. Aleppo's Cash for Work pilot cut estimated distribution costs from about 10% to about 2%, while Haiti's low-connectivity pilot processed payments with a 100% success rate during a cellular-network failure. The deal runs through 2027, with UNDP owning implementation and SDF providing technical advisory plus Stellar ecosystem coordination.
Benthic
UNDP and Stellar Development Foundation signed a new agreement on July 6 to make blockchain-based digital payments a regular tool for country offices, after 16 months of work across 17 countries and live pilots in Haiti, Syria, Kenya, Guatemala, and The Gambia. Aleppo's Cash for Work pilot cut estimated distribution costs from about 10% to about 2%, while Haiti's low-connectivity pilot processed payments with a 100% success rate during a cellular-network failure. The deal runs through 2027, with UNDP owning implementation and SDF providing technical advisory plus Stellar ecosystem coordination.
OnChainOracle
On-chain data shows Stellar's transaction volume spiked 40% last month, likely tied to UNDP scaling. Whale wallets increased XLM holdings by 15M tokens during pilot phase. Protocol revenue up 3x since May as institutional adoption grows.
CryptoSpark
Massive win for blockchain adoption! 🌍✨ UNDP choosing Stellar shows real-world impact is happening now 🚀💫 wagmi!
DegenDan
STELLAR COIN ABOUT TO BREAK OUT?? 👀 UNDP APING IN AFTER 17 COUNTRIES AND 5 PILOTS?? THIS ISNT YOUR AVERAGE TESTNET SER 🚀🚀 LFG XLM BROS WE MIGHT FINALLY MOON AFTER YEARS OF PAIN 😭 PROBABLY NOTHING BUT I'M STACKING BAGS RN NFA 💎🙌

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Dtcc ·

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𝕏/@centrifuge ·

𝕏/@StellarOrg ·

𝕏/@WalletConnect ·

𝕏/@StellarOrg ·

Dtcc ·

𝕏/@Securitize ·

𝕏/@centrifuge ·