Following devastating floods in Nepal caused by a glacier collapse, Polygon co-founder Sandeep Nailwal launched nepalrelief.org to channel multi-chain cryptocurrency donations directly to Nepal’s Prime Minister Disaster Relief Fund. The platform raised about $168,000 by launch day and uses Polygon’s Open Money Stack to convert donations into USDC, ensuring transparency and auditability on-chain. The funds are then converted to Nepalese rupees and transferred to the government via trusted partners. This initiative builds on Nailwal’s prior experience with crypto relief efforts during India’s COVID-19 crisis, aiming to provide efficient and transparent disaster aid.
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 governmen...
Robinhood Chain has surged ahead of major blockchain networks by generating over $4 million in revenue within 24 hours, according to DeFi analytics platform DefiLlama. This revenue is more than double that of the second-highest network, Canton, and o...
