Decentralized finance, or DeFi, has established itself as a force capable of disrupting traditional systems. While DeFi still mostly keeps opposing itself to traditional finance, the centralized operators are actively looking for ways to integrate into the established system.
With Celo’s mobile-first stablecoin platform, CARE aims to achieve a quicker, cheaper and more traceable way of delivering aid. Celo’s cUSD stablecoin will be used for a voucher-based system to disseminate humanitarian aid to Ecuadorian women in need of health services.
