Ripple Partners with Leading Nonprofits to Enhance Aid Delivery
Fintech company Ripple has announced that major humanitarian organizations are using its payment solutions. World Central Kitchen (WCK), Water.org, GiveDirectly, and Mercy Corps now utilize Ripple Payments, a licensed platform. They also use Ripple USD (RLUSD), a U.S. dollar-backed stablecoin. These tools improve the speed, transparency, and impact of aid and funding worldwide.
Nonprofits seek faster ways to move funds during urgent crises. Ripple allows them to send money across borders in seconds, 24/7, without traditional banks. Using Ripple Payments with RLUSD enables efficient, transparent aid delivery. This helps test new models for disaster relief and financial inclusion.
World Central Kitchen and Water.org Use Ripple’s Technology
World Central Kitchen rapidly mobilizes during disasters. The group uses Ripple and RLUSD to speed up fund disbursements to local restaurants and partners. This lets them process payments in hours, not days, even in tough conditions.
- Joshua Tripp, WCK President of Innovation, said, “With Ripple, we’re testing new financial technologies to settle payments in hours instead of days.”
Water.org co-founded by Gary White and Matt Damon also leverages Ripple’s platform. After a pilot in Brazil, Mexico, and Peru, it plans to run all Latin American transactions on Ripple. It’s exploring use in Africa and Asia, too.
- Gary White, CEO of Water.org, said, “We’re exploring how digital payments can help us move funds more efficiently to local partners.”
Pilot Programs Use RLUSD for Faster, Reliable Aid
Ripple and nonprofit partners are piloting RLUSD for innovative uses. These include parametric insurance and anticipatory cash transfers targeting unbanked populations.
Mercy Corps Ventures is running pilots in Kenya, while GiveDirectly is planning similar programs.
- Scott Onder, Chief Investment Officer at Mercy Corps, said, “Blockchain-enabled payments help us move aid faster and more reliably to people facing crises.”
RLUSD passed a $900 million market cap less than a year after launch. Ripple aims to build a more inclusive global economy using stablecoins as a low-cost, instant alternative to traditional remittance services.
