Humanitarian aid and community services charity Singapore Red Cross included cryptocurrency as a newly accepted form of donation. The organization will accept Bitcoin (BTC), Ether (ETH), Tether (USDT) and USD Coin (USDC) donations.
On Aug. 7, Singapore Red Cross announced its partnership with the first crypto payment gateway licensed by the Monetary Authority of Singapore, Triple-A, to enable the option of anonymous donations in crypto. All donations will be converted into fiat currency and settled via bank transfer within one business day.