Indie News

Image by SteelGate. A new pilot program, run by GiveDirectly in collaboration with Coinbase, will select 160 low-income New Yorkers by lottery to receive a $12,000 stipend in USDC. Participants will receive payments in six installments – an initial $8,000 lump sum, followed by five monthly deposits of $800 each. While $12,000 may only go to a small group, this amount is 10 times larger than the average COVID stimulus check. It’s also not the first time Coinbase has launched s