Ripple allocates 25 million dollars in RLUSD to strengthen education in vulnerable communities in the U.S.
The initiative reflects the growing utility of stablecoins as a vehicle for efficient donations with direct impact.
The company behind XRP channels its stablecoin to fund school projects, support teachers, and promote STEM innovation in disadvantaged communities.
The most noteworthy aspect of this initiative is that the majority of the funds will be distributed in RLUSD, Ripple's stablecoin, which currently has a market capitalization of over 316 million dollars.
Since 2018, under the framework of its Ripple Impact initiative, the company has donated more than $200 million to humanitarian causes, educational programs, and blockchain training in over 80 countries.
