The Good Tech Companies - Innovate NY Backs Andrew Cuomo for Mayor; Championing Public Benefit Stablecoins With $779 Million

Episode Date: October 29, 2025

This story was originally published on HackerNoon at: https://hackernoon.com/innovate-ny-backs-andrew-cuomo-for-mayor-championing-public-benefit-stablecoins-with-$779-million. Plans to Make New York City the “Global Crypto Capital” Enabling Projects Such as NYC USD™ Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #rwa-tokenization, #btcwire, #press-release, #blockchain-development, #crypto-exchange, #ai, #good-company, and more. This story was written by: @btcwire. Learn more about this writer by checking @btcwire's about page, and for more stories, please visit hackernoon.com. Innovate NY PAC is an independent political organization dedicated to advancing innovation, technology-led economic growth, and public-benefit finance models in New York City. The organization has endorsed Andrew Cuomo for Mayor of New York.

This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Innovate NY backs Andrew Cuomo for mayor, championing public benefit stable coins with $779 million. By BTC Wire. New York City, the independent political organization Innovate NYPAC today announced its endorsement of Andrew Cuomo for mayor of New York City. This endorsement reflects a shared commitment to a forward-looking economic agenda that leverages blockchain, tokenization, public benefit stable coins, and artificial intelligence to generate new revenue streams, enhance civic services, and position New York City as the global capital of innovation and finance. Why Andrew Cuomo? Greater than—we believe Andrew Cuomo brings the leadership, experience, and vision to make greater than New York City the global leader in innovation, said Eddie Cullen,

chair of Innovate NYPAC. Under his leadership, New York can once again become the greater than city that drives opportunity for working families, entrepreneurs, and greater than innovators alike. Our policy agenda for the next innovation era one. Public benefit stablecoins enabling projects like underscore underscore-NYCUSD underscore underscore underscore, the first stablecoin model that uses its yield to fund affordability programs, education, and civic services. Proving technology can work for the people, not bureaucracies. Two, city impact tokens supporting initiatives such as the NYC token, which channels blockchain technology to drive new city revenue without additional taxes, funding affordable housing, infrastructure, and civic innovation through tokenized impact models.

3. Civic real world tokenization promoting efforts such as underscore underscore-tokenize the border underscore underscore underscore, which harness blockchain to promote by national collaboration, clean energy zones, and economic growth. These projects show how innovation can help solve real issues like immigration through revenue-focused, cooperative models. By pioneering these civic tokenization frameworks, New York City positions itself as the national leader in applying advanced technology to global challenges, opening new markets for New York-based fintech, construction, and clean energy firms, attracting investment capital, and creating high-skilled jobs in blockchain engineering, infrastructure, and policy development. In short, every breakthrough

that begins at the border strengthens New York's standing as the financial and technological capital of the world. 4. Cross-border STEM collaboration linking New York City and Africa through digital education, talent exchange, and research programs, building the foundation for global equity in innovation and expanding New York's role as a global education and tech hub. 5. AI-powered smart tariffs exploring AI-driven tariff systems that dynamically adjust based on real-time

economic data, maximizing U.S. and NYC revenue while strengthening trade and promoting global fairness. Why does this matter? New York City stands at a crossroads. Traditional economic models can no longer keep pace with global innovation. By adopting blockchain and AI-driven finance tools, the city can generate new public revenue without raising taxes. Empower small businesses and families with modern financial tools. Rebuild global investor confidence in New York, lead the United States into the next generation of digital prosperity, about Innovate NYPAC, Innovate NYPAC is an independent expenditure committee dedicated to advancing

innovation, technology-led economic growth, and public benefit finance models in New York City. We operate independently of any candidate or campaign, and coordinate no communications or strategies with candidates or their committees, analysis prepared by Innovate NYPAC policy and research team, illustrating how public benefit stable coin yield could be distributed to support city affordability, paid for by Innovate NY. CEO, Edward Cullen, top two donors, Angel 501 LLC and put NYC First, Inc. Not expressly or otherwise authorized or requested by any candidate or the candidates committee or agent. More information ATNYC.gov slash follow the money. This story was published as a press release by BTCW under Hackernoon Business Blogging Program. Do your own research before making any financial decision.

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