@elles
According to Wu, the Trump administration plans to rename the U.S. Agency for International Development (USAID) as the U.S. Agency for International Humanitarian Assistance (IHA) and merge it into the State Department.
At the same time, it plans to adopt blockchain technology in the procurement process to improve the security and transparency of fund allocation.
The memorandum does not specify the specific implementation method, such as whether it involves using cryptocurrencies or stablecoins for cash transfers, or just for tracking the allocation of aid funds.