1 year ago
While Ether represents 50% of the full crypto donations made to Save the Children’s HODL Hope Campaign, Bitcoin donations magnitude to 34% of the batch truthful far.
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An ongoing crypto donation run dedicated to improving the lives of children worldwide has received implicit $7.6 cardinal to date, fractional of which was donated successful Ether (ETH).
Philanthropic instauration Save the Children’s HODL Hope Campaign remains astir $2.4 cardinal abbreviated of the $10 cardinal it intends to cod by the extremity of 2023. ETH represented 50%, oregon $3.83 million, of the $7.6 cardinal raised successful crypto donations astatine the clip of writing.
Total crypto (in U.S. dollars) for Save the Children’s HODL Hope Campaign. Source: hodlhope.orgBitcoin (BTC) donations constituted 34% of the full cryptocurrencies, valued astatine a small implicit $2.6 million. USD Coin (USDC), a U.S. dollar-backed stablecoin issued by Circle, was the 3rd astir preferred mode for the crypto assemblage to assistance retired children successful need. USDC represented 7%, oregon astir $520,000, of donations.
Top cryptocurrencies donated for Save the Children’s HODL Hope Campaign. Source: hodlhope.orgThe U.S. dollar was utilized successful 2% of donations, which was followed by large altcoins, including Bitcoin Cash (BCH), Tezos (XTZ), ThunderCore, Tether (USDT), Litecoin (LTC) and Solana (SOL).
The Own The Doge (DOG) and PleasrDAO communities presently predominate the donor leaderboard aft contributing 291.16 ETH, oregon implicit $1 million, to the cause. However, donors tin enactment anonymous and not beryllium featured connected the leaderboard.
Top donors for Save the Children’s HODL Hope Campaign. Source: hodlhope.orgAs shown above, anonymous donors accounted for $3.9 cardinal of the full run donations.
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The easiness of cross-border question of funds allows greater information successful donation events for planetary causes. Recently, humanitarian assistance and assemblage services charity, the Singapore Red Cross, started accepting crypto donations.
In concern with Triple-A, the Singapore Red Cross started accepting BTC, ETH, USDT and USDC. “By accepting integer currencies, we unfastened our doors to a caller conception of donors who are tech-savvy and privation to marque a quality done their integer assets,” said Benjamin William, caput wide and CEO of the Singapore Red Cross.
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