The Stellar Foundation donates 2.5 million XML to fight COVID-19

The Stellar Foundation donates 2.5 million XML to fight COVID-19

By Trading Passion | Trading's Passion | 25 Apr 2020


  Thanks to a generous donation of 2.5 million XML, the Stellar Foundation is helping organizations that are actively fighting Coronavirus. A donation in cryptocurrencies The list of crypto-companies that are committed to providing support in the fight against the coronavirus has grown steadily. The most recent, the Stellar Foundation has pledged to donate 2.5 million XML (about $ 100,000) to six charities that aim to eradicate the Coronavirus pandemic. The Stellar Foundation donates 2.5 million XML to fight COVID-19

 

      "The world is facing an unprecedented crisis and, at the Stellar Development Foundation, we believe we can help. The SDF has XLM reserves. Stellar has an active community. We are committed to donating 2.5 million XLM to support a group of charities, "she said. Among the main recipients of the donation are several renowned charities, including UNICEF, The Tor Project, Freedom of the Press. The Stellar Foundation also invites investors to make donations in XLM to support initiatives that seek to end the coronavirus health crisis. United around a single cause

 

       The fight against the pandemic seems to bring together the biggest players in the blockchain, namely Ripple and Binance. Ripple recently pledged to donate $ 200,000 to fight the pandemic. Binance has also set up a large fundraising campaign aimed at raising more than $ 5 million to support healthcare workers confronted with the coronavirus via its Binance Charity platform. “Binance Charity, the world's first blockchain-enabled donation platform dedicated to philanthropy seamlessly, announced a new fundraising project to fight the COVID-19 pandemic globally”, can we read on the official site of Binance. As of press time, the coronavirus continues to gain ground with more than a million cases that have been reported worldwide.


Trading Passion
Trading Passion

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