India: Here's the latest update on Buterin's Shiba Inu donations

India: Here's the latest update on Buterin's Shiba Inu donations

ambcrypto.com
2 min read
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India's second Covid-19 wave earlier this year proved especially harrowing for the country, leading to many international personalities donating huge relief funds. Among them was Ethereum co-founder Vitalik Buterin who, at the time, donated trillions of Shiba Inu coins in a bid to support India. Earlier today, the 'India's Crypto-Covid Relief' account announced that it […]
India's second Covid-19 wave earlier this year proved especially harrowing for the country, leading to many international personalities donating huge relief funds. Among them was Ethereum co-founder Vitalik Buterin who, at the time, donated trillions of Shiba Inu coins in a bid to support India.

Earlier today, the 'India's Crypto-Covid Relief' account announced that it had officially converted the last remaining tokens from the donation to $76.2 million in stablecoins.

The total proceeds for converting 10,139,544,347,612 SHIB amounted to 76,215,526.65 USD Coin (USDC). Global market maker Wintermute is expected to transfer the amount to the Covid relief fund wallets over the next few hours.

The total proceeds for converting 10,139,544,347,612 SHIB are 76,215,526.65 USDC.@wintermute_t would be transferring the said amount to our ETH wallet in the next few hours. With this, we have now converted all the $SHIB donations from @VitalikButerin into…
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