Ripple has announced the allocation of $25 million to support educational equity in the U.S. using its stablecoin RLUSD.
Launch of the Philanthropic Initiative
Ripple has announced a $25 million commitment to support educational equity in the U.S. The majority of the funds will be funneled through the Ripple USD (RLUSD) stablecoin, targeting two prominent nonprofits—DonorsChoose and Teach For America. This donation aims to support classrooms, innovative learning programs, and early-career educators throughout the 2025 academic year.
Use of RLUSD for Donations
A standout feature of this philanthropic campaign is Ripple's use of its stablecoin RLUSD to facilitate donations. The application of this digital currency aims to bypass traditional banking constraints and reduce delays associated with legacy payment systems. This move enhances delivery efficiency and illustrates how crypto-native tools can be used for social good.
Supporting Educational Programs
Through the partnership with DonorsChoose, thousands of educators will receive direct support to secure essential classroom supplies and resources. Meanwhile, Teach For America will allocate Ripple's donation to scale its Ignite tutoring initiative and improve training for new teachers. These programs aim to enhance educational outcomes and promote equity in underserved communities.
With the $25 million pledge for educational initiatives, Ripple reaffirms its commitment to social investing, leveraging technologies such as blockchain for positive societal impact.
