CoinDesk: Crypto for Stimulus: A Better Way to Move Money During COVID-19
There has been a flood of tech innovations to cope with the COVID-19 crisis, including a better way to move money. Catherine Coley, CEO of Binance USA, says the U.S. should digitally send stimulus payments into the hands of citizens.
In a time where access to fiat currencies and banks is difficult, and people need immediate access to their funds, Coley explains how BUSD - a new USD-denominated stablecoin approved by the New York State Department of Financial Services (NYDFS) - addressed this issue.
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