Coinbase and GiveDirectly Launch Crypto Stipends for NYC Residents

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Coinbase has partnered with the non-profit GiveDirectly to provide $12,000 in USDC to 160 low-income New Yorkers aged 18–30. Funds will be distributed in six installments as part of the pilot program “Future First”, aiming to explore the impact of unconditional crypto payments on financial freedom.

[EmTeam]

This partnership blends crypto innovation with social impact, offering a glimpse into how stablecoins could power future welfare or universal income programs through transparent, direct transfers.

[Nahid Hossen]

By using USDC instead of cash, Coinbase and GiveDirectly are testing whether digital assets can deliver aid faster, with fewer intermediaries, and greater control for recipients — a model that could redefine financial inclusion.