I want my visa to #NYC
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WOTVC
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BullishCoin base offers $12,000 aid in $USDC stable coin to Inflation hit NewYorkers.
An unusual pilot program is offering $12,000 in crypto.
The initiative, run by the nonprofit GiveDirectly and funded by leftover contributions from Coinbase’s closed philanthropy arm, is providing 160 low-income New Yorkers with $USDC , a stablecoin pegged to the U.S. dollar.
Each participant receives:
$8,000 as a lump sum, and
$800 per month for five months
All of it is delivered through Coin base accounts, where recipients can hold, withdraw or convert the funds.
An unusual pilot program is offering $12,000 in crypto.
The initiative, run by the nonprofit GiveDirectly and funded by leftover contributions from Coinbase’s closed philanthropy arm, is providing 160 low-income New Yorkers with $USDC , a stablecoin pegged to the U.S. dollar.
Each participant receives:
$8,000 as a lump sum, and
$800 per month for five months
All of it is delivered through Coin base accounts, where recipients can hold, withdraw or convert the funds.
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