๐งฑ World Bank Pilots Blockchain Bonds for Developing Nations
In February 2025, the World Bank announced a pilot program to issue blockchain-based bonds aimed at financing infrastructure projects in developing countries.
๐ธ These digital bonds โ issued on a permissioned Ethereum-compatible chain โ aim to increase transparency, reduce issuance costs, and enable real-time auditing of where every dollar goes.
๐ The first pilot project took place in Kenya, where the bond helped fund a clean energy project. Investors from around the world could participate using stablecoins like USDC and EURC.
๐ With traditional bonds often slow, expensive, and opaque, this initiative could represent a new era of global finance powered by Web3.
๐ฆ Experts say it may eventually disrupt the way international aid and development funding are managed โ making corruption harder and accountability easier.
๐ท๏ธ #BlockchainBonds