By Staff Writer
S Huobi Charity, the philanthropic arm and blockchain-based charity platform of Huobi Group, has announced a joint initiative with the Finance Center for South-South Cooperation (FCSSC), a non-profit international organization in Special Consultative Status with ECOSOC of the United Nations.
To support coronavirus relief efforts in South-South countries, Huobi has launched a 15-day charitable campaign in partnership with FCSSC to raise $143,000 USD in cryptocurrencies like Bitcoin (BTC), Huobi Token (HT), Tether (USDT), and HUSD.
To kick off the charity campaign, Huobi has contributed 17,711 HT worth an estimated $69,000 USD—nearly half of the target raise. Over the next week, Huobi will leverage its network and blockchain community to help raise the remainder. FCSSC will provide operational and logistical support to ensure medical supplies are sent to the areas and regions with the highest need.