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UNDP Expands Stellar Blockchain After Pilots Slash Aid Payment Costs

Summary by crypto.news
The United Nations Development Programme has expanded its partnership with the Stellar Development Foundation after blockchain payment pilots cut aid distribution costs from 10% to 2% and kept payments running during network outages. The United Nations Development Programme announced Monday…
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On Monday, the Stellar Development Foundation and one of the United Nations agencies announced the strengthening of their collaboration. What is this partnership? Article Stellar (XLM) renews its partnership with this branch of the UN appeared first on Cryptoast.

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After several pilot projects in different countries, UNDP believes that this technology can now support a wider range of humanitarian and development programmes. The results achieved on the ground, particularly in Haiti and Syria, convinced the agency to extend the use of on-chain payments through a new agreement with the Stellar Development Foundation. This evolution marks a concrete progression of the blockchain in United Nations-led operation…

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https://www.cryptela.com broke the news on Monday, July 6, 2026.
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