Over $500,000 in Crypto Donations Raised For Texas Flood Relief Efforts
Central Texas faces devastation after July 4 weekend floods claimed over 100 lives and caused an estimated $18 to $22 billion in damages. Relief efforts are underway, with crypto emerging as a critical donation vehicle.
The Giving Block and Crypto For Charity are facilitating cryptocurrency contributions, channeling funds to organizations like World Central Kitchen and Direct Relief. Donations through the Texas Flood Emergency Response Fundraiser page are being matched 1:1 until July 31, amplifying their impact.
Benjamin Pousty of The Giving Block emphasized the seamless process for crypto, stock, or DAF donations. This disaster response highlights blockchain's growing role in philanthropy, offering transparency and efficiency in crisis situations.
