News

According to Odaily, stablecoin issuer Circle has announced that it will provide funding to the United Nations to support the deployment of digital financial infrastructure globally, aiming to improve the efficiency of humanitarian aid fund distribution. This announcement was made during the World Economic Forum in Davos, Switzerland. The Circle Foundation stated that this is its first international grant, which will be used to support the UN Digital Finance Solutions Center (DHoTS) in advancing related work to streamline cross-border fund transfer processes within the UN system. This funding project continues the collaboration between Circle, the United Nations High Commissioner for Refugees (UNHCR), and DHoTS in 2022, when both parties distributed aid to displaced persons in Ukraine using the USDC stablecoin. Alexander De Croo, Administrator of the United Nations Development Programme, said that in the context of tight budgets, stablecoin payments help "make every dollar go further." Circle pointed out that currently, about 3.8 billions USD in humanitarian funds each year still rely on traditional financial systems, and digital financial infrastructure is expected to significantly improve the efficiency of fund utilization. Barham Salih, United Nations High Commissioner for Refugees, also stated that the project aims to enhance the dignity and choice of forcibly displaced populations through technological means, while maximizing the real impact of donated funds.

BlockBeats News, January 22, according to market information, Seeker (SKR) continued to surge, with a 24-hour increase of 252.7%, and its circulating market cap exceeded $140 million.

Foresight News reports that, according to Bitget market data, Seeker (SKR) briefly reached 0.025 USDT and is now trading at 0.023 USDT, with a 24-hour increase of 692.37%.