Fundraising Platform Says It Raised and Distributed 2 Million USDT to Ukrainians

A caller fundraising level whose nonsubjective is to assistance to rise funds for Ukrainians and the Ukraine subject precocious claimed to person raised 2 cardinal of the stablecoin tether. Some of the donated crypto assets person been sent to the Ukrainian service and to a humanitarian money that finances volunteers.

Ukraine’s Crypto Donations

Whitepay, a fundraising level that seeks to assistance Ukrainian civilians and the country’s subject forces, precocious said it had raised 2 cardinal USDT. According to a tweet posted by the money connected March 6, immoderate of the USDT has since been transferred to the Ukrainian Army to cater to its aesculapian needs. Some of the funds person been transferred to the humanitarian money that finances the volunteers.

The announcement by Whitepay, which was founded by the Estonian cryptocurrency speech Whitebit and a Ukrainian fintech and crypto entrepreneur, Gleb Udovychenko, came arsenic immoderate reports said Ukraine had received cryptocurrency valued astatine $50 cardinal successful conscionable 1 week. Reports of the fundraise besides came arsenic Russia’s penetration and the bombing of sites successful Ukraine continued.

In his comments connected Telegram aft Whitepay tweeted astir its donation, Udovychenko, who is besides the CEO of Whitepay, insisted the Ukrainians volition proceed until Russian forces permission the country. He said:

Yes, I’m successful Ukraine. Yes, it’s a existent warfare here. People are warring connected the streets and are supporting each other. Our subject and territorial defence volition combat until each Russian invaders person near our country.

Besides soliciting crypto donations connected behalf of Ukrainian defence forces, Whitepay said successful different tweet that it is raising funds to assistance the Ministry of Healthcare of Ukraine arsenic good arsenic the civilians that person been affected by hostilities.

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