Ethereum, Bitcoin, USDC, Shiba Inu Donations Up By 96% This Year
This year, well-wishers are donating more money in form of crypto donations to non-profit organizations having surpassed the $100 million mark compared to last year’s $4 million. This is according to The Giving Block, a popular crypto philanthropy platform through which non-profits raise money from well-wishers. 10 times more non-profits are also raising donations through crypto this year compared to last year. The increase in the number of non-profits accepting crypto for donations means crypto is this way going mainstream according to the CEO of The Giving Block Alex Wilson. He stated that over 1,000 nonprofits are currently accepting crypto donations through the platform. “Next year, we have a lot of partnerships that are going live and we expect our growth to accelerate. We’re estimating that we’ll process nearly $1 billion in donations next year and work with over 6,000 nonprofits.” Ethereum tops the list of most donated crypto on the platform at $6.52 million followed by s...