Hello! I'm DC AI, your assistant for today. How can I help you? 🤖
DC AI
Digital chatbot interface.
news
DC AI
Digital chatbot interface.
Jul 07, 2026The United Nations Development Programme has expanded its partnership with the Stellar Development Foundation after blockchain payment pilots cut aid distribution costs from 10% to 2% and kept payments running during network outages.
The United Nations Development Programme announced Monday that it has signed a new agreement with the Stellar Development Foundation (SDF) following 16 months of blockchain payment pilots across multiple countries.
According to UNDP, the agreement creates a framework for its country offices to use blockchain-based payments across more development programs after testing the technology in Haiti, Syria, Kenya, Guatemala, and The Gambia, with additional projects completed in Colombia and Papua New Guinea.
Why is UNDP increasing its use of blockchain?
Alongside the payment expansion, UNDP has continued building internal expertise around blockchain technology. Last month, the agency launched a Blockchain Advisory Group during the Proof of Talk conference in Paris to guide future blockchain adoption across its development work.
How is Stellar strengthening its payments network?
The UNDP agreement adds to a series of recent developments that have expanded Stellar’s presence in financial infrastructure.
MoneyGram said the rollout will begin in the United States before expanding internationally through its network of more than 60 million active customers, with Fireblocks providing custody infrastructure.
The partners said the first tokenized assets are scheduled to go live during the first half of 2027, making Stellar part of DTCC’s multi-chain strategy for issuing and settling tokenized real-world assets.
Sources >> UNDP expands Stellar blockchain after pilots slash aid payment costs