**Catholic USD: Using Cryptocurrency to Help the Poor and Support the Church**

A new type of cryptocurrency is making waves in the Catholic world—Catholic USD. This digital currency is not just about investing or making profits. It’s designed with a higher purpose: to support the poor, help Catholic institutions, and bring more transparency to charitable giving.

**What Is Catholic USD?**

Catholic USD is a stablecoin, which means it’s tied to the value of the U.S. dollar. One Catholic USD equals one U.S. dollar. Unlike other cryptocurrencies that can swing wildly in price, stablecoins are more reliable for everyday use. That makes Catholic USD a safer option for donations and financial transactions.

This coin runs on blockchain technology, which is a secure and transparent way to track where money goes. Every transaction is recorded publicly, which helps make sure donations reach the right people and places.

**Why Was It Created?**

Businessman Eddie Cullen is leading the launch of Catholic USD. His goal is simple: use modern technology to help those in need.

“We should always focus on helping the poor first,” Cullen said. “We want to treat people like Jesus would.”

He sees Catholic USD as a way to quickly and safely send money to Catholic parishes, schools, hospitals, and nonprofits—especially across international borders. This could make it easier for Catholics around the world to donate and make a difference.

**The Church’s Role in New Tech**

Matthew Pinto, founder of Ascension Press and host of the first Catholic cryptocurrency conference, believes the Church should be open to new ideas. He says Catholics need to understand how new technologies affect human life and society.

Pinto encourages Catholics to view tools like crypto with hope and curiosity—not fear—while still being wise and careful.

**Crypto Meets Faith**

Though crypto is usually seen as a young man’s game, some surprising groups are early adopters. A community of Benedictine nuns in Missouri learned how to accept bitcoin donations to help fund a new chapel. This shows how even traditional groups are finding ways to use digital currencies for good.

Devin Rose, a Catholic author and longtime crypto user, says more Catholic groups should start accepting cryptocurrency donations. He points out that when donors have to convert bitcoin into dollars first, they lose some value. Accepting crypto directly allows churches and charities to get the full amount.

**More Than Just Donations**

Catholic USD is not just about sending money—it’s also about growing it for good causes. Any Catholic USD not being used will sit in special accounts that earn interest through BitGo, a crypto asset management platform. But instead of keeping the profits, Cullen plans to donate all of them through the Catholic Global Mercy Trust.

If Catholic USD grows to $1 billion in circulation, Cullen estimates this could generate $40 million every year for charity work—supporting Catholic schools, hospitals, poverty relief, and more.

**A Moral Way to Use Money**

Brantly Millegan, part of the Ethereum community and a Catholic, believes technology can reflect God’s creativity. He sees crypto as a tool that can give financial access to people who don’t have bank accounts or credit—especially in poor countries.

Eric Sammons, editor at Crisis Magazine and author of “Moral Money,” argues that bitcoin is one of the most ethical forms of money ever created. He says good money should be:

– Verifiable (easy to check)
– Scarce (hard to produce more)
– Independent (not controlled by one group)

According to Sammons, modern money like dollars fails in some of these areas, while bitcoin—and by extension, stablecoins like Catholic USD—do much better.

**Putting People First**

At its core, Catholic USD is about using financial technology to help real people. Cullen stresses that it’s not about creating another bank or making profits—it’s about solving real problems like hunger, homelessness, and lack of clean water.

“If we don’t put people first, we’ll lose who we are,” he said.

While many new technologies raise concerns about human dignity, Cullen believes blockchain and crypto can actually make financial systems more humane and fair.

With Catholic USD, faith meets innovation—and it might just change how the Church gives and receives support in the digital age.