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XRP News: Ripple Quietly Deploys $200M to Tackle Global Financial Inequality
20242024RLUSDIMXXRP

By CoinPedia News
3 hours ago
•
3 mins read

Table of Contents
Ripple’s Impact Finance Strategy: $200 Million Deployed for Good
RLUSD: A Stablecoin Designed for More Than Payments
Supporting Entrepreneurs and Farmers in Emerging Markets
Advancing Financial Inclusion Through Research
While much of the crypto world stays focused on Ripple’s high-profile legal battle with the SEC, the company has been making moves behind the scenes — and it’s not just about payments anymore.
In its newly released 2024 Ripple Impact Report, Ripple revealed how it’s quietly expanding into humanitarian aid, financial services for the unbanked, and real-world blockchain pilots that could reshape how emergency funds and small businesses operate worldwide.
Ripple’s Impact Finance Strategy: $200 Million Deployed for Good
Ripple Impact, now in its eighth year, has already deployed $200 million towards social good initiatives. In 2024 alone, the company broadened its focus through its Impact Finance strategy, backing projects that use blockchain technology — especially the XRP Ledger (XRPL) — to tackle financial exclusion and deliver aid more efficiently.
Among its standout initiatives is a partnership with Mercy Corps Ventures and DIVA Donate in Kenya. Together, they launched a pilot program using Ripple’s new stablecoin, Ripple USD (RLUSD), to deliver emergency funds automatically based on satellite data.
If dry conditions threaten farmers’ livelihoods, RLUSD donations held in smart contract-based escrow are instantly released. Early results are promising, with a 75% reduction in transaction costs and 90% faster fund delivery compared to traditional aid systems.
Market Musing-g
XRP News: Ripple Quietly Deploys $200M to Tackle Global Financial Inequality
20242024RLUSDIMXXRP

By CoinPedia News
3 hours ago
•
3 mins read

Table of Contents
Ripple’s Impact Finance Strategy: $200 Million Deployed for Good
RLUSD: A Stablecoin Designed for More Than Payments
Supporting Entrepreneurs and Farmers in Emerging Markets
Advancing Financial Inclusion Through Research
While much of the crypto world stays focused on Ripple’s high-profile legal battle with the SEC, the company has been making moves behind the scenes — and it’s not just about payments anymore.
In its newly released 2024 Ripple Impact Report, Ripple revealed how it’s quietly expanding into humanitarian aid, financial services for the unbanked, and real-world blockchain pilots that could reshape how emergency funds and small businesses operate worldwide.
Ripple’s Impact Finance Strategy: $200 Million Deployed for Good
Ripple Impact, now in its eighth year, has already deployed $200 million towards social good initiatives. In 2024 alone, the company broadened its focus through its Impact Finance strategy, backing projects that use blockchain technology — especially the XRP Ledger (XRPL) — to tackle financial exclusion and deliver aid more efficiently.
Among its standout initiatives is a partnership with Mercy Corps Ventures and DIVA Donate in Kenya. Together, they launched a pilot program using Ripple’s new stablecoin, Ripple USD (RLUSD), to deliver emergency funds automatically based on satellite data.
If dry conditions threaten farmers’ livelihoods, RLUSD donations held in smart contract-based escrow are instantly released. Early results are promising, with a 75% reduction in transaction costs and 90% faster fund delivery compared to traditional aid systems.
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