UN to send displaced Ukrainians USDC to convert into local currencies

A woman from the war-scarred Ukrainian region of Zaporizhzhia hangs laundry in a hall that is her temporary hom (Credit: Sean Gallup—Getty Images)

For displaced people around the world, carrying cash is risky because it can be lost or stolen. 

To avoid this, while also distributing aid to internally displaced persons from Ukraine and those affected by Russia’s invasion, UNHCR, the UN Refugee Agency, is turning to crypto.