news

bitcoin

1 X bitcoin bitcoin =

Sunday

29 November 2020

Circle Using USDC Stablecoin to Aid Venezuela Crisis | Crypto Briefing

Circle Using USDC Stablecoin to Aid Venezuela Crisis | Crypto Briefing


smart summary beta

Circle is partnering with the Bolivarian Republic of Venezuela and Airtm to distribute USDC. .

The Circle collaboration has been led by the President-elect Juan Guaido, and American cryptocurrency exchange Airtm have also shown their support.

This will then be sent to Airtm, where it will be distributed to the wallets of Venezuelan healthcare workers as AirUSD, a stablecoin backed by AirTM

Airtm currently has approximately 500,000 users in Venezuela, so it’s hoped that the app will provide something of a lifeline at such a crucial stage. 

It’s just one example of the party’s dubious policies, which have come under intense scrutiny from much of the rest of the world since the beginning of the Venezuelan crisis. 

Goto Full Article

bitcoin bitcoin price

$18005.93

24h

Live Average

bitcoin

News Article Sentiment

positive

Score (0)

Article Metadata

author

site

cryptobriefing.com
Market data feeds provided by cryptocompare.com
bitsmart 2020