A growing number of charities and nonprofits are embracing cryptocurrency.
Cryptocurrency adoption in the charity space is growing quickly, with 56% of the top 100 charities in the United States now accepting crypto donations as of January 2024, according to the 2024 annual report from crypto charity organization The Giving Block.
This marks a huge turnaround for nonprofits, many of which were initially hesitant to adopt crypto payments.
As the report states, “When we launched The Giving Block in 2018, we had to practically bust down doors to get nonprofits to talk to us about bitcoin.”
