a privately owned Franciscan university based in Illinois Quincy Universitystarted accepting cryptocurrency donations.
QU officials announced on Monday that they can now accept digital currency donations. In total, according to the description 32 cryptocurrencies donations will be accepted. Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Tron (TRX), Dogecoin (DOGE) and Shiba Inu (SHIB) are among the available options.
senior director of advancement at Quincy University Matt Bergmannoted the growth of the cryptocurrency industry in a statement and predicted it would not slow down “soon”:
“QU is always looking for ways to make it easier for donors to support our students and initiatives.”
in 2014 Puget Sound Universitybecame the first American university to accept cryptocurrency donations. That day, an alumnus, with the help of payment processing company BitPay, gifted the educational institution 14.5 Bitcoins, worth about $10,000.
The number of universities adopting cryptocurrencies continued to increase thereafter. University of PennsylvaniaThe Wharton School in , made it possible for blockchain program participants to pay their tuition fees in Bitcoin.