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Polygon co-founder launches stablecoin donations for Nepal disaster relief with $100K pledge

Market News
04 Sep 2026
Crypto news
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Bullish
Polygon co-founder launches stablecoin donations for Nepal disaster relief with $100K pledge

Polygon co-founder Sandeep Nailwal has initiated a stablecoin-based donation channel to support Nepal's official disaster relief fund following severe flooding. The campaign accepts USDC stablecoins, converting them into Nepalese rupees for government use, supported by Polygon’s Open Money Stack, Coinme, and Cross River Bank. Blockchain for Impact has pledged $100,000 to the effort, which complements other crypto donations from Ripple and the Solana community. This initiative aims to provide fast, transparent aid while navigating the complexities of crypto-to-fiat conversion and government coordination.

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