Ripple is proving that stablecoins can do more than just power financial transactions. The crypto company has donated $25 million to U.S. education initiatives—entirely in its own stablecoin, Ripple USD (RLUSD). This bold move highlights the growing real-world utility of digital assets for social impact.
Ripple USD (RLUSD) Powers Charitable Effort in Education
In a groundbreaking announcement, Ripple revealed it is donating $25 million in Ripple USD (RLUSD) to nonprofit organizations DonorsChoose and Teach For America. Both groups are committed to improving education in underserved communities across the United States. What makes this initiative unique is the direct use of RLUSD as the donation currency—showcasing stablecoin utility beyond speculation and trading.
Ripple’s RLUSD is a US dollar-backed stablecoin designed for fast, low-cost, and transparent transactions. By leveraging RLUSD for charitable giving, Ripple demonstrates how crypto can be used to drive meaningful social change.
The donation will support more than 13,000 schools, benefit over 21,000 teachers, and fund more than 280,000 student scholarships and stipends. Additionally, the initiative focuses on enhancing financial literacy among both students and educators, helping them prepare for a digital-first economy.
Ripple emphasized that stablecoins like RLUSD now account for more than half of all on-chain transaction volume. By using Ripple USD as the vehicle for its donation, the company underlines the practical application of crypto assets for real-world challenges.
This move aligns with Ripple’s broader mission to harness blockchain technology for global good—not only in finance but also in areas like education and public welfare. With RLUSD at the center, Ripple signals that the future of money includes a strong social component.