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    Home»Markets»Ripple and MoonPay Donate $50,000 in RLUSD to Assist California Wildfire Responders
    Ripple and MoonPay Donate ,000 in RLUSD to Assist California Wildfire Responders
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    Ripple and MoonPay Donate $50,000 in RLUSD to Assist California Wildfire Responders

    By Crypto EditorJanuary 11, 2025No Comments3 Mins Read
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    Ripple and MoonPay Donate $50,000 in RLUSD to Assist California Wildfire Responders

    Ripple and MoonPay have joined forces to help California in its struggle in opposition to devastating wildfires.

    Collectively, they donated $50,000 in RLUSD stablecoin to the Los Angeles Hearth Division Basis (LAFD), aiming to help first responders who’re working tirelessly to guard lives and property.

    Ripple Showcase Crypto’s Potential in California Wildfire Reduction

    Ripple introduced the collaboration on January 10, highlighting its dedication to aiding LAFD’s efforts throughout this vital time. Eric Van Miltenburg, a senior govt at Ripple, expressed heartfelt sentiments concerning the donation, emphasizing the significance of standing by those that danger their lives to guard others.

    “The wildfires throughout California have brought about such devastation — our hearts are with these affected. Grateful to see Ripple & MoonPay contributing to aid efforts supporting LAFDFoundation throughout an unimaginable time for therefore many,” Miltenburg stated.

    In the meantime, the LAFD expressed gratitude on social media, thanking Ripple for its generosity throughout a vital interval. The non-profit acknowledged the corporate’s effort to “give again to our LAFD heroes” as they face immense challenges in containing the fires.

    The continued wildfires, fueled by robust winds and dry climate, have devastated areas corresponding to Pacific Palisades, Pasadena, and Calabasas.

    Over 200,000 residents have been compelled to evacuate their properties, creating an pressing want for emergency help. Regardless of useful resource shortages, the Los Angeles Hearth Division has remained relentless in combating the flames to guard lives and property.

    Ripple’s donation, a part of its Ripple Influence initiative, supplies vital aid for these efforts. Since its inception, this system has centered on utilizing Ripple’s assets to create world change.

    The corporate has donated over $170 million to nonprofits, charities, and academic applications in over 80 nations, demonstrating its dedication to creating a distinction past the crypto trade.

    The latest donation additionally highlights the rising use of cryptocurrency in addressing real-world challenges. Over time, platforms like The Giving Block have enabled over $200 million in crypto donations to charitable causes, whereas leaders within the trade, together with Ethereum co-founder Vitalik Buterin, have promoted the usage of digital property for catastrophe aid and well being analysis.

    Disclaimer

    In adherence to the Belief Undertaking pointers, BeInCrypto is dedicated to unbiased, clear reporting. This information article goals to offer correct, well timed info. Nevertheless, readers are suggested to confirm info independently and seek the advice of with knowledgeable earlier than making any selections primarily based on this content material. Please be aware that our Phrases and Circumstances, Privateness Coverage, and Disclaimers have been up to date.



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