World Food Program USA Accepts Bitcoin and Dogecoin Donations After Funding Cuts
The World Food Program USA (WFP USA) has begun accepting donations in over 80 cryptocurrencies, including popular options like Bitcoin and Dogecoin, following cuts in funding from the Trump administration for UN food aid initiatives affecting 14 impoverished nations. The WFP aims to raise $25 million through its Emergency Hunger Relief Fund to support 58 million people facing starvation. With the traditional aid system under pressure and hunger crises deepening, WFP USA is leveraging blockchain and cryptocurrency to modernize fundraising efforts. The organization highlighted that crypto donations can lower transaction fees, expedite fund processing, and offer tax deductibility for investors, enabling them to offset capital gains. This initiative complements the UN World Food Programme's existing blockchain projects, which aim to reduce costs and fraud while enhancing efficiency in aid distribution.
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