Bitcoin Fund Lets Save the Children ‘Maximize the Impact’ of Aid

Save the Children has introduced a new Bitcoin Fund, developed with digital asset firm Fortris, allowing the organization to hold Bitcoin donations for up to four years. This approach differentiates them from most nonprofits that immediately convert crypto to fiat, giving donors flexibility over conversion timing to maximize impact. The fund is designed to overcome delays in traditional foreign aid by utilizing the speed and cost-efficiency of blockchain tools, enabling faster resource unlocking and piloting new direct assistance methods like stablecoin transfers and digital wallet vouchers during emergencies. Save the Children has been accepting bitcoin donations since 2013.

(Source：CoinDesk)