The Giving Block Adds Support for Tether (USDT) - The Giving Block

The Giving Block Adds Support for Tether (USDT)

by

The Giving Block is excited to announce that we’re adding support for Tether (USDT) on our Donation Form and fundraising platform. USDT joins a growing list of cryptocurrencies that nonprofits can accept with the fundraising tools and services powered by The Giving Block.

Tether USDT

About Tether (USDT)

Tether (originally “Realcoin”) is a stablecoin created in 2014 as a way to combine the simplicity of a dollar with the advantages of blockchain technology. Like many other stablecoins, which mirror the price of a fiat-backed currency or other asset with an assigned market value, Tether is pegged 1:1 to the US dollar, meaning that it maintains the value of one US dollar. Today, as one of the world’s most popular stablecoins, Tether (USDT) has a circulating supply of 67.7 Billion at the time of writing this article. As a result, USDT is widely available for purchase on most leading crypto exchanges.

We’re excited to be adding new cryptocurrencies because it gives donors more flexibility in the way they donate. We recognize that converting from one crypto to another can be a taxable event in many countries, so we want to offer flexibility to accept other tokens directly.

Alex Wilson

Co-Founder, The Giving Block

How to Donate USDT to Charity

With this latest update, thousands of nonprofits, universities, faith-based and other mission-oriented organizations can now accept USDT donations on The Giving Block Donation Form and platform.

Donors looking to support an organization or cause that’s important to them can do so by browsing nonprofits and Impact Index Funds and selecting USDT in the Donation Form when completing the transaction.

| Reading Time:
JOIN OUR NEWSLETTER

Related Articles

10 Companies Reinventing Corporate Social Responsibility with Crypto Donations These companies are making a difference with crypto donations, NFT charity auctions and other innovative web3 initiatives.
Vitalik Buterin Makes Historic $9.4M USDC Donation to Fund Medical Research The 7-figure USDC donation supports groundbreaking research to help prevent the spread of airborne pathogens.

Featured Articles

JOIN OUR NEWSLETTER

Related articles

Donation Donation Form | The Giving Block How Satoshibles and Ray Youssef’s Built With Bitcoin Foundation Used NFTs to Empower Communities Posted in: Donors See how Satoshibles and the Built With Bitcoin Foundation used NFTs to fuel economic empowerment for communities in need. Read more
Ripple pledges $25M via The Giving Block Ripple Supercharges Teacher Appreciation Week with $25 Million Crypto Pledge via The Giving Block Posted in: Company News, Donor Impact, Donors, Nonprofits, Trends & News This major crypto donation to DonorsChoose and Teach For America will directly support teachers and classrooms across America. Read more
Blockchain driving social impact - BLOG | The Giving Block Beyond Charity: 17 Ways Blockchain Can Drive Social Impact Posted in: Donors Discover how blockchain can amplify real-world social impact, from distributing aid to verifying impact metrics. Read more