Advocacy group proposes DeFi solutions to address global poverty
PositiveCryptocurrency

- The DeFi Education Fund has introduced decentralized finance solutions aimed at alleviating global poverty, projecting potential savings of up to $30 billion annually through reduced remittance costs.
- This initiative is significant as it seeks to enhance financial inclusion for marginalized communities, leveraging DeFi technology to provide more affordable financial services.
- The broader context highlights ongoing discussions about the role of DeFi in transforming traditional financial systems, amid challenges such as regulatory scrutiny and recent financial setbacks within the sector.
— via World Pulse Now AI Editorial System