GiveDirectly and Coinbase have initiated the 'Future First' basic income pilot in New York City, targeting low-income young adults. The program will distribute $12,000 in USDC to 160 participants aged 18–30, with an initial $8,000 followed by five $800 installments directly into their Coinbase accounts. This initiative aims to explore the effects of unconditional crypto support on poverty, education, and housing. Coinbase highlights the dual benefits of financial aid and crypto education through this program. However, experts express concerns about the model's sustainability, citing risks such as potential de-pegging of stablecoins and their limited use in everyday transactions.