Polygon Co-Founder Launches Crypto Relief Fund for Nepal

Sandeep Nailwal, co-founder and CEO of the Polygon Foundation, has initiated a cryptocurrency-based relief campaign to support disaster recovery in Nepal. The initiative, supported by Open Money Stack, Coinme, and Cross River Bank, allows donations to be converted into local currency for the Prime Minister's Disaster Relief Fund. Blockchain for Impact has already pledged $100,000 to the cause. Nailwal emphasized the efficiency of stablecoins in delivering rapid financial aid to affected communities.