Polygon enables crypto donations to Nepal’s Disaster Relief Fund

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Polygon co-founder Sandeep Nailwal launched nepalrelief.org on September 4, creating a verified pipeline for cryptocurrency donations to flow directly into Nepal’s Prime Minister Disaster Relief Fund following the catastrophic glacier collapse on August 26. The flooding claimed between 750 and over 1,200 lives across multiple districts including Rasuwa, Nuwakot, and Dhading, destroying critical infrastructure. The platform had raised roughly $168,000 by launch day, leveraging USDC stablecoin on Ethereum or Polygon for secure donations, which Engage Nepal converts to Nepalese rupees under the leadership of former US Ambassador Scott DeLisi. Beyond Polygon’s efforts, Blockchain for Impact pledged $100,000, Ripple contributed $300,000, and the Solana community raised approximately $166,946 through auctions, demonstrating the broader crypto industry’s mobilization for disaster relief. Nailwal’s track record includes co-founding the India COVID Crypto Relief Fund, which distributed over $400 million in cryptocurrency donations during India’s devastating COVID-19 wave.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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