In what is a major move from the company, Ripple has announced a new $25 million pledge to US classrooms and teachers. Indeed, the funds will be deployed in its RLUSD stablecoin and will go towards educational nonprofits that provide support across the United States, according to a press release.
The firm behind the XRP cryptocurrency is set to partner with both DonorsChoose and Teach for America in the new charitable endeavor. Moreover, the effort will place a key focus on education and equipping young Americans to capitalize on the ever-evolving job market.
JUST IN: 🇺🇸 Ripple pledges $25 million in $RLUSD to support US classrooms and teachers.
— Watcher.Guru (@WatcherGuru) May 5, 2025
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Ripple Unveils $25 Million Pledge to US Education Nonprofits
Ripple has continued to be one of the most important firms in the digital asset sector. Moreover, it is facing what is undoubtedly its most important year ever. The company had long found itself in the crosshairs of the US Securities and Exchange Commission (SEC) of a previous regime.
With that legal battle keeping its value stagnant, a resolution has it free to continue its growth. Now, it is working to give back while it continues to move forward. Indeed, Ripple has announced a new $25 million pledge to support US classrooms and teachers.
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The fund will be given in the firm’s RLUSD stablecoin. Moreover, it will work to provide resources needed to “improve academic outcomes” of the modern student. In its press release, Ripple cited surveys that show a gradual dissatisfaction with US education. Subsequently, it is looking to play a part in fixing that.
“Ripple has always championed financial and educational access for all,” CEO Brad Garlinghouse said. “We’re partnering with some of the most impactful organizations… to benefit thousands of classrooms across the US.” The first-of-its-kind move will see the company’s stablecoin be front and center in the charitable act.