Binance Charity Develops A Stablecoin For COVID Donations

News | June 18, 2020 By:

Binance Charity, the nonprofit arm of the world’s largest crypto exchange Binance, has launched the first-ever fully transparent giving campaign.

The fundraising campaign, called Crypto Against COVID, has raised more than $4 million in cryptocurrencies, utilizing a blockchain-powered stablecoin dubbed the PPE Token to track the last-mile delivery of medical supplies to hospitals in dire need.