Save the Children Introduces Bitcoin Fund to Streamline Crisis Response
Save the Children has launched a Bitcoin Fund designed to hold cryptocurrency donations for up to four years, providing donors with control over when their contributions are converted. Developed in partnership with digital asset firm Fortris, the fund aims to accelerate the delivery of emergency aid through blockchain technology and pilot direct-assistance tools.
Unlike traditional approaches that convert donations to fiat currency immediately, this fund retains bitcoin donations long-term, signaling a new approach by NGOs in managing digital assets. The initiative reflects a growing interest in decentralized finance to reduce costs and improve transparency in humanitarian aid.
Plans include piloting blockchain-based delivery methods such as stablecoin transfers and digital wallet-based vouchers. Janti Soeripto highlighted that this innovation combines the speed, cost-efficiency, and financial inclusion enabled by blockchain tools to enhance emergency response and development programs.
Antonia Roupell noted that donors had requested flexibility in choosing when to convert their donations, which the fund now provides. Save the Children has been accepting bitcoin donations since 2013 and has raised millions through its Hodl Hope campaign.
