Crypto Community Rallies: $500K+ Flood Relief Donations Pour Into Texas
Crypto proves its humanitarian chops—again. While Wall Street hedges climate risks with derivatives, decentralized networks cut through red tape to deliver half a million in immediate aid.
How it happened: A spontaneous grassroots campaign leveraged blockchain's frictionless value transfer. No intermediaries, no multi-day settlement delays—just raw financial velocity meeting human need.
The irony? Traditional disaster relief orgs still can't process donations this fast. Maybe those 'useless internet tokens' have more utility than skeptics thought.
The Giving Block and Crypto For Charity Accept Crypto Donations
It’s also notable that crypto donations are being accepted through The Giving Block and Crypto For Charity.
Benjamin Pousty, chief operating officer of The Giving Block, told Cryptonews that several of the organization’s nonprofit clients are on the ground in Central Texas providing critical support to communities impacted by the floods.
“These include World Central Kitchen, Direct Relief and World Vision,” Pousty said.
He elaborated that donors can make crypto donations through the Texas Flood Emergency Response Fundraiser page. Pousty pointed out that donors can easily give crypto, stock, donor advised fund (DAF), or card donations directly to specific organizations through The Giving Block donation forms.
“The donations are being used to support the incredible disaster relief work these organizations are providing. Additionally, all the donations received are being matched 1:1 through July 31 to double the impact,” Pousty said.
We’ve launched the Texas Flood Emergency Response Fundraiser to support communities devastated by catastrophic flooding in Texas.
All donations are matched 1:1 through July 31st by @rookisaacman, Executive Chairman at @Shift4, up to $500,000.
Let’s raise $1 Million together.…
Crypto for Charity is also enabling crypto donations for Texas-based organizations.
For instance, Austin Pets Alive has rescued hundreds of animals from the impacted flood areas across Central Texas. The Austin-based animal shelter told Cryptonews that crypto donations are being accepted for flood relief and can be made via the Crypto for Charity website.
EMERGENCY HELP NEEDED with flooding in Kerr County!
Check out our Facebook post to learn more: https://t.co/hUG3HKgO4p
Sign up to help at https://t.co/iDM89ZK9wS pic.twitter.com/YsH2aAVG22
A Goal To Raise $1 Million for Texas Flood Relief
The Giving Block’s campaign launched on July 7 with a goal of raising $1 million. Pousty shared that The Giving Block has already passed its halfway mark, raising over $525,000 at the time of writing.
“What makes this effort especially impactful is the $500,000 donation match pledged by Jared Isaacman, executive chairman of Shift4, The Giving Block’s parent company. It’s a great example of how crypto philanthropy can quickly mobilize resources and scale generosity,” Pousty added.
In regards to which cryptocurrency is being most donated, Pousty shared that this particular campaign has seen the highest volume of donations in Ethereum (ETH), followed closely by Bitcoin (BTC). This has been especially beneficial as the price of Bitcoin has hit a new all-time high.
“These are consistently the most popular cryptocurrencies among donors on our platform due to their liquidity and broad recognition, making them ideal for impactful, time-sensitive giving,” Pousty said.
Crypto Donations Gain Traction
It shouldn’t come as a surprise that crypto donations are being accepted for disaster relief efforts.
Recent findings from Nonprofit Pro show that $2 billion in cryptocurrency has been donated globally since last year. The report notes that this trend is being driven by both a surge in donor interest in crypto, along with a growing openness among nonprofits to accepting digital assets.
A report from The Giving Block further found that 70% of Forbes’ Top 100 charities now accept crypto donations, up 25% from 2024. It’s also stated that the average crypto donation in 2024 was $10,978.28, representing a 386% increase from 2023.
Moreover, Texas’ recent addition of a Strategic Bitcoin Reserve (SBR) demonstrates the state’s crypto friendly nature. This may help encourage Texas organizations seeking relief efforts to accept crypto donations.
Benefits of Crypto Donations
It’s also important to point out the benefits of giving back in cryptocurrency. According to Pousty, crypto donations are uniquely positioned to provide fast, borderless support in times of crisis.
“They allow people around the world to contribute instantly to relief efforts – something that’s critical in the aftermath of a disaster like the Texas floods,” he said.
Jacob Ortiz Hansen, CEO of Web3 finance company KyneSys Labs, further told Cryptonews that crypto donations offer speed, transparency, and borderless access to aid – all of which are essential in disaster scenarios where time and trust are critical.
“In traditional systems, there are delays due to banking hours, wire approval processes, know-your-customer bottlenecks, and international transfer restrictions. Crypto bypasses all of that,” Ortiz Hansen remarked.
For example, KyneSys Labs aims to enable crypto donations via a project called ‘Demos,” which is currently in a testing phase. Ortiz Hansen explained that Demos will feature a smart routing feature across different blockchain networks
“Demos Pay will allow recipients to accept any crypto token from any chain and route it instantly into a preferred stablecoin or on-chain format,” he said. “That means a shelter in Texas could receive ETH, SOL, USDC, or MATIC and use these funds immediately without worrying about chain compatibility or having to use a specific wallet.”
Pousty further remarked that crypto donations often come with major tax advantages for donors. Nonprofit organizations accepting crypto also benefit, as this type of fundraising presents an opportunity to increase impact.
“For instance, access to a young, generous donor audience and large donations that can be particularly powerful during emergency campaigns like this one often come with crypto donations,” he said.
The Future of Crypto Donations
While cryptocurrency giving is still a relatively new concept, Pousty believes that more donors will participate moving forward.
The Giving Block has processed a record amount of crypto donations for the thousands of charitable organizations we support over the past 12 months, and 2025 is on pace to be our biggest year yet,” he said.
Although notable, a number of factors will have an impact on the future of crypto donations. According to The Giving Block’s 2025 crypto philanthropy report, crypto donations are shaped by external factors such as macro-level trends and regulatory shifts.
The report notes: “Factors, like crypto market performance and economic conditions, are beyond our control, but nonprofits can still take proactive steps to strengthen their digital presence, refine their appeals strategy, and enhance the donor experience.”
Pousty remains hopeful, though. He pointed out that Bitcoin’s new ATH, combined with funding and staff cuts at organizations, make crypto donations a valuable and innovative tool for raising funds.
