New York's rolling out something wild – certain low-income residents are getting $12,000 dropped straight into their wallets, but here's the twist: it's all in USDC stablecoin. No traditional bank transfers, no paper checks. Just pure crypto hitting their accounts. This marks a pretty significant shift in how social programs might distribute funds moving forward. Makes you wonder if this could become the new norm for government assistance payments.
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ReverseTrendSister
· 16h ago
Wow, New York is directly issuing stablecoins? This move is really incredible, low-income groups are getting on board the crypto social experiment.
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CrossChainMessenger
· 16h ago
What the hell, the government is directly issuing USDC? This is really testing the waters.
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BugBountyHunter
· 16h ago
The operation in New York is really amazing, directly airdropping USDC to low-income households? If this is true, it will definitely ignite public opinion.
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PriceOracleFairy
· 16h ago
ngl this is giving "regulatory arbitrage disguised as social innovation" vibes... low-income folks getting stablecoins instead of fiat is peak market inefficiency waiting to get exploited. who's the liquidity provider here? 👀
New York's rolling out something wild – certain low-income residents are getting $12,000 dropped straight into their wallets, but here's the twist: it's all in USDC stablecoin. No traditional bank transfers, no paper checks. Just pure crypto hitting their accounts. This marks a pretty significant shift in how social programs might distribute funds moving forward. Makes you wonder if this could become the new norm for government assistance payments.