Glossary

HAFN

A digital currency issued by HesabPay, pegged to the Afghan afghani and minted on the Algorand blockchain against fiat deposits, used to pay aid recipients and merchants in Afghanistan.

Also known as Digital Afghani (HAFN) · digital Afghani · Hesab Afghani (HAFN) · Hesab Afghani

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• HesabPay launches free Visa virtual cards, targets 1M in Afghanistan The Algorand-powered Afghan wallet behind $35M+ in UNHCR aid launched free Visa virtual cards Aug 13 with a 1M-card target — even as its 'self-custody bank' plans point to another chain.
• Mercy Corps stablecoin pilot cut Afghan aid costs 29% on HesabPay's Algorand rails Mercy Corps Ventures' Afghanistan pilot cut aid delivery costs 29% and arrived 10 hours faster using stablecoins via HesabPay, whose HAFN token settles on Algorand. 98% of recipients preferred digital.