While in the early years of crypto involvement in the charity sector may have come across as a little gimmicky if well-intentioned, the advantages of using cryptocurrency for NGOs and charities come with real-world use cases, from monitoring donations with complete transparency over the blockchain to improving trust with donors at scale. In addition, this capability underlines a broader point that fundraising can be transformed globally by allowing charities to accept payments without the prohibitive cost of foreign exchange and transaction fees. And at another level, for charities working in hard-to-reach parts of the world, the ability to replace fiat currency with crypto alternatives from Bitcoin to stablecoins to pay for staff and running costs have already paid off in places like Afghanistan.
Crypto Startups Delivering Change in the Charity Sector
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