AiCoin
AiCoin|Oct 02, 2025 13:01
[Coinbase Supports New York Pilot Program, Distributing $12,000 USDC to 160 Young People] The "Future First" pilot program, funded by Coinbase and managed by the nonprofit organization GiveDirectly, has launched in New York. The program aims to evaluate the feasibility of providing direct economic aid through cryptocurrency. Targeting low-income residents aged 18 to 30, 160 participants were selected via a lottery, with each receiving a total of $12,000 USDC. The funds will be distributed as follows: an initial payment of $8,000, followed by five subsequent payments of $800 each. Coinbase has provided $2.6 million in seed funding to support this innovative aid model.
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