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Save the Children Leverages Bitcoin and Digital Wallets for Faster, Cost-Efficient Aid
Save the Children has officially unveiled what it calls a first-of-its-kind Bitcoin Fund, marking a significant shift in how the global humanitarian organization manages and delivers financial aid. Developed in partnership with digital asset firm Fortris, the fund is designed to allow the charity to hold, manage, and deploy bitcoin donations during crises, according to a Thursday statement.
Maximizing Donations and Speeding Aid
The Bitcoin Fund enables Save the Children to securely hold donated bitcoin for up to four years, aiming to maximize the value of contributions. Beyond storage, the fund will serve as a platform to test and scale new ways of delivering cash and voucher assistance using bitcoin, stablecoins, and digital wallets. The organization hopes these tools will allow aid to reach families faster, more transparently, and at lower cost.
A Decade of Bitcoin Innovation
This initiative builds on Save the Children’s digital asset experience since 2013, when it became the first international NGO to accept bitcoin donations. Through its Hodl Hope initiative, the charity has raised millions in digital assets to support children affected by crises in Ukraine, Gaza, and Sudan. Janti Soeripto, President and CEO of Save the Children U.S., emphasized that “out-of-the-box solutions are essential” to provide support when **traditional foreign aid funding falters.” She highlighted the fund’s ability to integrate the speed, cost-efficiency, and financial inclusion of blockchain-based tools into emergency and long-term programs globally.
Responding to Donor Feedback
Antonia Roupell, Innovation and Partnerships Lead, noted that the fund directly addresses donor feedback. Many nonprofits accept bitcoin, but few hold donations long-term or leverage bitcoin’s peer-to-peer technology in operations. The fund gives donors flexibility on when to convert contributions, helping to maximize impact.
Looking forward, Save the Children plans to collaborate with bitcoin application developers, including Fedi, to explore community-focused tools that promote financial inclusion and digital literacy, turning digital value into tangible economic support for vulnerable families worldwide.
