$XRP Chris Larsen – co-founder and executive chairman of Ripple Labs. He actively supports various charitable initiatives. In 2014, Larsen pledged to donate 7 billion XRP, but did not disclose which organization.
In 2018, Larsen and Ripple donated $29 million to the DonorsChoose.org fund, which helps public schools in the USA. During the COVID-19 pandemic, they also donated $1 million each to five food banks in San Francisco. A year later, Larsen, along with his wife Lina Lam and the nonprofit organization Rippleworks, donated $25 million in XRP to San Francisco State University, where the co-founder of Ripple Labs studied.
In June 2025, Larsen also donated $9.4 million to the San Francisco police. The funds were directed towards upgrading surveillance technology.
Ripple Labs is actively involved in philanthropy. In May of this year, project representatives announced plans to invest $25 million in the RLUSD stablecoin in support of American teachers.$BTC $BNB