About $300 million is donated in the form of cryptocurrency each year, according to The Giving Block, an organization that helps NGOs receive cryptocurrency donations — and that figure is growing.
Yet relatively few major NGOs and development organizations are set up to accept cryptocurrency donations, and it remains an unknown quantity for many.
One organization that has made the leap is International Medical Corps, which has been taking cryptocurrency donations since May. It accepts contributions in 12 different cryptocurrencies, including Bitcoin, Ethereum, and Litecoin, and in nine months it has raised nearly $100,000 this way.