Ripple Donates $25 Million in Stablecoin to U.S. Education Nonprofits
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Ripple donates $25 million in stablecoin to U.S. education charities Ripple to enhance teacher training and mentorship across U.S. schools Ripple, a leading company in digital asset infrastructure, has announced a $25 million donation to support education in the United States. Two primary education charities, DonorsChoose and Teach For America, will receive this donation through Ripple’s stablecoin RLUSD. Ripple will donate funds through its stablecoin Ripple USD (RLUSD) to these organizations. This marks the inaugural appearance where these two nonprofit organizations accept contributions through stablecoin payments. Ripple Supports STEM, Tutoring, and Literacy Through Major Donation The donation arrives during a period when numerous public schools in the United States experience resource limitations. Numerous studies document multiple classrooms lack fundamental tools necessary for student learning success. The Gallup survey from 2024 revealed that American adults together with parents expressed disappointment levels surpassing 50% regarding their experiences with primary and secondary education. Ripple’s donation aims to support educational funding which faces a substantial shortfall. The allocated funds will support significant educational initiatives. Classroom projects along with national tutoring services, STEM challenges, and financial literacy courses are the programs that receive funding through this donation. The initiatives promise improved educational results alongside preparation for future career opportunities. The unique aspect of this monetary donation is its use of stablecoin technology. Digital money known as a stablecoin maintains its value by linking directly to the U.S. dollar. The adoption of stablecoins in digital payment processes is increasing according to expert observations. According to the analysis firm Chainalysis, stablecoins form the basis for more than half of all blockchain transactions. The growing use of digital currency for charitable donations indicates it could become a mainstream method for philanthropic giving in the future. Ripple CEO Brad Garlinghouse has stated that financial accessibility along with education have…
Filed under: News - @ May 6, 2025 10:25 pm