New York Pilots $12,000 Stablecoin Aid Program via Coinbase
Coinbase is supporting the 'Future First' initiative in New York, offering unconditional financial assistance in USDC to low-income individuals, marking a first-of-its-kind program in the U.S.
USDC
Summary
Coinbase is funding 'Future First,' a new aid program in New York City, providing $12,000 in USDC to 160 low-income individuals aged 18-30. The program will distribute the funds over five months, testing the potential of stablecoins in public assistance models.
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