Givepact, a member of the Circle Alliance Program, has launched a platform that enables nonprofits to accept digital asset donations using the stablecoin USDC, making the donation process easier for both donors and organizations. As many of the over 1.5 million nonprofits in the US lack the means to receive cryptocurrency donations, Givepact’s model allows these organizations to receive cash equivalents from digital donations without the need for cryptocurrency expertise. The use of USDC is particularly significant as it is the most donated asset in cryptocurrency philanthropy, offering price stability and enhancing predictability, which aids nonprofits in budgeting and operational planning.
Givepact enables nonprofits to accept donations via USDC
