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UN veteran says stablecoins are fixing broken aid payments
After three years operating in "constrained banking corridors" with UN agencies and NGOs, Alejandro Guzman, head of strategic operations at Coala Pay argues stablecoins have become the most reliable cross-border settlement rail for the world's hardest aid environments. Guzman is a 15-year United Nations (UN) veteran whose field deployments include South Sudan, Somalia, and Afghanistan, and Coala Pay was founded by former frontline aid workers. "What we've really seen proven, particularly through stablecoin infrastructure, is that stablecoins as cross border settlement instruments are an incredible solution to ... (full story)
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