π° UNDP expands Stellar blockchain after pilots slash aid payment costs
ποΈ Jul 07 2026 04:25 UTC
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 annou...
β€ The UN Development Programme (UNDP) is expanding its use of the Stellar blockchain for aid payments after successful pilots demonstrated significant cost reductions (from 10% to 2%) and improved payment resilience during network outages.
β€ This expansion aims to standardize blockchain-based payments across UNDP country offices, enhancing financial assistance delivery in regions with limited banking access.
β€ The move aligns with broader trends of stablecoin adoption for cross-border transactions and Stellar's growing role in financial infrastructure, evidenced by partnerships with MoneyGram and DTCC.
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UNDP expands Stellar blockchain after pilots slash aid payment costs
The United Nations Development Programme has expanded its partnership with the Stellar Development Foundation after blockchain payment pilots cut a...












