Ripple commits a donation of $100,000 in XRP towards assisting communities recovering from the ongoing wildfires in California.
The contribution is earmarked for assisting non-governmental organizations such as World Central Kitchen and GiveDirectly. These organizations are dedicated to providing immediate aid while also working towards long-term reconstruction efforts.
Thanks to a matching promise from entrepreneur Jared Isaacman, the donation made via the cryptocurrency charitable platform The Giving Block will be amplified in its effect, effectively doubling its impact.
As a researcher reporting this news, I’m excited to share that Ripple is generously contributing $100,000 in XRP, channeled through @TheGivingBlock, to support wildfire relief efforts for California, specifically benefiting organizations like @WCKitchen and @GiveDirectly.
Thanks to the generous boost from @rookisaacman, this donation will be doubled, making an even bigger impact!
If you’d like to join us in helping families and first responders in need, consider donating your crypto, cash, or stocks to these causes as well. Together, we can make a difference.
— Ripple (@Ripple) January 14, 2025
Ripple (XRP) underscored its dedication to aiding disaster relief by utilizing digital currency for donations, drawing attention to the expanding influence of blockchain technology within philanthropy.
California wildfires
This year, California has been dealing with particularly intense wildfires, especially in the southern region, where flames have quickly swept through the Los Angeles region since January 7, as reported by The New York Times.
Under the influence of strong winds similar to a hurricane (Santa Ana winds), extremely dry air, and a long-lasting drought, the circumstances have grown increasingly severe. This has forced thousands of people to relocate from their homes and caused extensive property damage.
In simple terms, the organizations World Central Kitchen (which provides food to disaster zones) and GiveDirectly (that offers cash aid directly to affected communities) are going to receive funds from Ripple’s charitable contribution.
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2025-01-14 21:54