The Circle and Endaoment will establish a USDC-based disaster relief fund for communities affected by the storm.

Circle, the company that created the stable USDC, announced a partnership with Endaoment, a utility to develop disaster relief funds. The money will help communities in the Midwestern United States that were affected by Hurricane Death last week. The two organizations hope to raise $ 1 million in funding to support the American Red Cross and local associations.

Endaoment allows blockchain enthusiasts to donate USDC or other cryptocurrencies directly to the wallet, with a minimum donation of US $ 20. The funds will be distributed in installments of $ 20,000 to seven organizations. Center, Rubicon Group, Hands and Heart, Midwest Food Bank NFP, American Red Cross, and Mutual Aid Relief. According to the press, the fund raised more than $ 4,600 in donations.

Endament Founder and CEO Robert Heeger spoke about the partnership:

“Thanks to partners like Circle, we were able to donate over $ 11 million to nearly 300 nonprofits this year. With the Cycle of Support, we were able to expand our reach and continue to support our communities. We are funding the work that is needed. "

Last week, a rare tornado hit the Midwest and southern states with winds of 150 miles per hour (241.4 km / h). Kentucky is one of the hardest hit states with at least 74 dead and more than 100 missing.

A man's house was destroyed in a deadly Kentucky storm, and he sang a song on a piano that survived the storm. Beauty in sadness and pain.

--Travis Akers (@travisakers) November 13, 2021