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加密貨幣新聞文章

Ripple donates $ 25 million to two American educational organizations

2025/05/06 20:22

Ripple donates $ 25 million to two American educational organizations

Ripple, a leading player in digital financial infrastructure, is making a significant contribution of $25 million to two U.S. education organizations.

The majority of this contribution is in the form of Ripple USD (RLUSD), Ripple’s own stablecoin. The funds will support classroom projects, tutoring programs, and initiatives promoting financial literacy across the U.S.

Ripple’s partners in this endeavor are DonorsChoose and Teach For America, both accepting stablecoins for the first time in their history.

Ripple’s partners in this endeavor are DonorsChoose and Teach For America, both accepting stablecoins for the first time in their history.

While the organizations prefer not to disclose the exact amount of the donation, it is said to be a substantial portion of the $25 million contribution.

The partnership aims to provide funding for thousands of classroom projects during Teacher Appreciation Week, support Teach For America’s Ignite tutoring program and a national innovation challenge in STEM education, and enhance financial literacy among students and teachers.

“We’re proud to support U.S. teachers and classrooms through Ripple’s $25M commitment to DonorsChoose and Teach For America,” stated Garlinghouse.

“This contribution, delivered primarily through RLUSD, is a meaningful example of how stablecoins can drive real-world impact—starting in the classroom.”

Those interested in joining Ripple's initiative can contribute to DonorsChoose and Teach For America via The Giving Block using RLUSD, XRP, or other cryptocurrencies.

As the cryptocurrency industry continues to evolve, institutions and individuals are increasingly turning to stablecoins, such as RLUSD, for efficient and innovative donation methods.

This trend is further highlighted by recent developments in stablecoin payments, which now account for over 50% of all transactions onchain, showcasing the growing acceptance and utility of stablecoins in the crypto ecosystem.

The partnership with DonorsChoose and Teach For America marks a continuation of Ripple’s longstanding philanthropic efforts. Since 2018, Ripple has contributed over $200 million to global non-profits, educational institutions, and mission-driven fintechs.

These initiatives, often related to XRP, are part of a broader goal to promote positive change in the world through cryptocurrency and blockchain technology.

“We are incredibly grateful for Ripple's generous contribution, which will make a tangible difference in classrooms across America,” said CEO of DonorsChoose.

“Thanks to Ripple's support, we will be able to fund even more projects that teachers are creating every day to engage and inspire their students.”

“We're deeply appreciative of Ripple's commitment to younger generations through this partnership with Teach For America,” added CEO of Teach For America.

“Their contribution will directly support our work to expand economic opportunity and educational excellence for youth, especially in underserved communities.”

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