Ripple and Moonpay have made a joint donation of $50,000 worth of RLUSD, Ripple’s new stablecoin tied to the U.S. dollar, to the Los Angeles Fire Department Foundation #LAFDFoundation .
This contribution aims to support first responders battling the devastating California wildfires.
#Ripple highlighted their commitment to evaluating additional ways to assist these critical emergency efforts.
#MoonPay echoed this sentiment, emphasizing the significance of the donation in providing relief to firefighters across Los Angeles.
The RLUSD contribution underscores the growing role of cryptocurrency in addressing real-world challenges and demonstrates how digital assets can be used effectively in crisis management.