In 2024, crypto donations exceeded $1 billion, with projections of reaching $2.5 billion in 2025 due to rising crypto wealth. Changpeng Zhao’s significant donation of 1,000 BNB emphasizes the growing reliance on cryptocurrencies in providing emergency aid, particularly following the earthquake in Southeast Asia.
The recent 7.7 magnitude earthquake has led to severe impact, with thousands affected. Cryptocurrencies are quickly becoming a critical resource for emergency aid, as they allow bypassing traditional banking delays, ensuring that donations can be delivered rapidly to those in need.
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