A Coinbase and GiveDirectly pilot is giving $12,000 in USDC (a stablecoin) to low-income New Yorkers. The program takes inspiration from universal basic income experiments.
Major stock indexes pulled back Tuesday after the benchmark S&P 500 and the tech-heavy Nasdaq hit new intraday records.
Riders will have to use an OMNY card or a contactless payment method in order to ride the bus. The retirement of coin payments is part of the MTA's plan to fully roll out OMNY, One Metro New York, ...