A latest report from The Giving Block predicts that cryptocurrency giving will surpass $1 billion by August 2027, surpass $5 billion by June 2031, and surpass the $10 billion mark by November 2032.

The report highlights the highest cryptocurrencies utilized in donations and the biggest annual donations in cryptocurrencies. USDC accounted for 44%, ETH accounted for twenty-four%, and BTC accounted for 17%.

Along with the platform’s cryptocurrency donation information, The Giving Block additionally made predictions primarily based on its evaluation of potential bitcoin donations. The platform predicts that BTC might hit $100,000 in September 2026 and $250,000 in October 2029.

The rising reputation of cryptocurrency donations may be attributed to their safety, transparency, and ease of use. Giving Block is a platform that enables charities to simply accept cryptocurrency donations and provides tax advantages to the donors.

In response to Pat Duffy, co-founder of The Giving Block, “Cryptocurrency donations have the potential to alter the best way we give to charity. Not solely do they provide important tax advantages, however additionally they present donors with the transparency and accountability of conventional giving.” Unable to match.”

The report additionally revealed that the highest 5 hottest charities accepting cryptocurrency donations are Save the Kids, No Child Hungry, The Water Challenge, Rainforest Basis US, and United Manner.