The virtual currency fundraising platform “Giving Block” reported that stablecoin donations increased sharply in 2025 compared to previous years.
In its annual report released on Wednesday, Giving Block said there has been a “major shift” in donations using stablecoins, especially donations using Ripple USD ($RLUSD) and circles $USDC ($USDC). The platform reported that it facilitated over $100 million in crypto donations in 2025, with over $32 million donated. $USDC, $RLUSDTether’s USDt (USDT), Dai (DAI) and other stablecoins.
“The trend is clear: stablecoins are no longer a side story in crypto philanthropy, but are becoming one of the fastest growing channels,” the report said.

Source: Donation Block
But what’s notable is that it was $25 million. $RLUSD The funding may have come directly from Ripple Labs, which pledged money to nonprofit organizations DonorsChoose and Teach For America in May. In its 2025 annual report, Giving Block predicts that total crypto donations could reach up to $2.5 billion.
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Another crypto donation platform, Givepact, reported in July that stablecoins have “quickly become the largest donated asset in crypto philanthropy,” citing data from Giving Block. The platform said the payments stablecoin bill signed into law in the US in 2025 will elevate the asset to “cash equivalent” status, “resolving deep-rooted concerns about issuer solvency, especially for nonprofits that rely on predictable donation amounts.”
“Even during a bear market, donors are willing to donate stablecoins, helping nonprofits avoid volatility and process donations quickly,” Givepact said. “Now that the GENIUS Act is in place, this trend is accelerating. Stablecoins are no longer just convenient; they are federally recognized and institutionally trusted.”
Stablecoin yields scrutinized by US market structure bill
As the U.S. Senate considers legislation to establish a comprehensive market structure for digital assets, the issue of stablecoin rewards is polarizing many industry leaders and lawmakers. The Senate Banking Committee has yet to reschedule a markup to address the bill after its January adjournment, but the White House has met three times with industry leaders to discuss how the government will address stablecoin yields.
On Tuesday, US President Donald Trump appealed on social media to banks not to hold market structures “hostage” over digital assets. Many crypto companies and interest groups oppose the bill’s ban on stablecoin rewards, but the bill’s content has not yet been finalized before a vote in the full Senate.
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