Ripple Pledges $25 Million to US Education-Focused Nonprofits (Cryptonews)
“Ripple, a provider of digital asset infrastructure for financial institutions and the team behind XRP and Ripple USD (RLUSD), has announced a $25 million commitment to US education nonprofits DonorsChoose and Teach For America.
According to the press release shared with Cryptonews, for the first time, the two nonprofits will accept “the majority” of the $25 million grant in Ripple’s USD-backed stablecoin, RLUSD.
This partnership will support innovative and high-impact initiatives throughout the year. It will fund “thousands” of classroom projects and teacher requests during Teacher Appreciation Week, Teach For America’s Ignite tutoring program, and STEM Innovation Challenge.” (Cryptonews)
