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We like to end our week with some feel-good news…
The Top US Charities Are Accepting Cryptocurrency for Donations and Are Seeing Great Success!
It may seem strange to combine charity and crypto, but it has worked great:
Most charities accept stock donations just as they accept cash. But! The process is quite manual:
Someone donates stock → the charity accepts it → manually sells it → waits for cash → gets cash → manually adds gifts and donors to their CRM platforms.
Sounds tiring.
But! In 2018, The giving block was founded, making it easier to accept crypto as a donation than it was to accept stocks.
And like we said, things are going pretty well.
Charities can accept crypto payments and have them automatically converted into US dollar equivalents (no annoying manual processes, no paperwork).
And since The Giving Block was founded, 56% of top charities have integrated it – using the platform to raise a whopping $2 billion+ in crypto donations in 2024 alone!
We’d love to see it!