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Ripple and MoonPay Donate $50,000 in RLUSD to Support California Wildfire Responders Beincrypto 3 weeks ago

Ripple and MoonPay Donate $50,000 in RLUSD to Support California Wildfire Responders 🔥

Ripple and MoonPay have teamed up to support California in battling intense wildfires, donating $50,000 in RLUSD stablecoin to the Los Angeles Fire Department Foundation. This initiative aims to aid first responders dedicated to safeguarding lives and properties during these critical times.

Announced on January 10, Ripple's collaboration underscores its commitment to backing LAFD's efforts amid unprecedented challenges. Eric Van Miltenburg, a senior Ripple executive, emphasized the significance of standing by those who risk everything to save others.

LAFD appreciated Ripple's generosity on social media, recognizing the company's support for LAFD heroes in the face of overwhelming circumstances. The wildfires have affected regions like Pacific Palisades, Pasadena, and Calabasas, leading to over 200,000 evacuations and highlighting the urgent need for emergency assistance.

Ripple's donation is part of the Ripple Impact initiative, furthering its mission to drive global change through its resources. The program has facilitated over $170 million in donations to numerous organizations across 80+ countries.

The donation also underscores the rising use of cryptocurrencies in solving real-world issues. Platforms like The Giving Block have facilitated substantial crypto donations, and leaders such as Ethereum co-founder Vitalik Buterin advocate for digital asset use in disaster relief and health research.

Source: beincrypto.com ↗