The UN has begun accepting cryptocurrency to fight hunger
Date: 2025-04-11 Author: Gabriel Deangelo Categories: BUSINESS
The American office of the World Food Program (WFP USA) announced the introduction of cryptocurrency donations, allowing donors to support the fight against hunger in more than 120 countries using digital assets.
The organization can now accept over 80 different cryptocurrencies, including popular ones like Bitcoin, Ethereum, and Dogecoin. This was made possible thanks to cooperation with the Giving Block platform, which specializes in processing cryptocurrency donations for non-profit organizations.
As noted by representatives of WFP USA, digital assets significantly simplify the process of transferring funds: transactions are carried out faster, fees are lower, and donors receive tax advantages. In particular, when donating cryptocurrency, you can avoid capital gains tax and receive a tax deduction equal to the full market value of the donated asset.
“Today’s global food crisis requires new approaches. Cryptocurrency has become a real way to quickly help millions of people in need,” said Dorota Amin, Director of Philanthropy and Partnerships at WFP USA.
In addition to technological innovations, the organization also initiated a new Emergency Hunger Relief Fund. It was launched on March 31 and aims to raise more than $25 million from private donors and businesses in the United States. These funds will be used to urgently support food initiatives in regions with an acute shortage of resources.
WFP USA emphasizes that in the context of a reduction in the volume of humanitarian aid from traditional sources, attracting new forms of funding is critical. Cryptocurrency donations are considered a promising direction for attracting new categories of donors.
It is worth recalling that in October last year, Ethereum co-founder Vitalik Buterin also used digital assets for charity: having sold 10 billion MOODENG meme coins for 308.7 ETH, he sent 260.15 ETH to help those in need.
Expanding opportunities for crypto donations makes humanitarian aid more flexible, timely and accessible - especially in the context of the global food crisis.
