XRP News Today: Ripple Donates $25 Million in RLUSD to Support 300,000 U.S. Students

Ripple has made a significant philanthropic contribution by donating $25 million in its RLUSD stablecoin to major U.S. educational nonprofits. This donation is aimed at supporting 31,000 school projects, impacting over 300,000 students nationwide. The funds will be distributed to leading education nonprofits such as DonorsChoose and Teach for America, which are known for their efforts in enhancing educational opportunities and financial literacy.

The donation has already made a measurable impact. Ripple’s initial contribution has funded over 31,000 classroom projects on DonorsChoose, directly supporting more than 21,000 teachers across 13,000 schools. At Teach for America, 2,500 new members across all 50 states will receive transition stipends, helping them reach nearly 300,000 students. The momentum extended beyond the donations at launch, with U.S.-based Ripple employees personally funding 223 additional projects, demonstrating the company's commitment to education.

The path to economic opportunity often begins in the classroom, but many young Americans face significant challenges. Research has shown that literacy is closely connected to long-term earning potential, yet many classrooms lack access to basic tools that students and teachers need to thrive. The scale of the challenge is evident, with 89% of U.S. public schools having at least one teacher request resources on DonorsChoose, and Teach For America’s network of educators reaching nearly 300,000 students across 40 underserved regions this year. The demand for support in classrooms far outpaces the resources available.

Ripple’s $25 million donation aims to address this gap. The funding will support high-impact initiatives, including Teach for America’s Ignite tutoring program, a new national STEM Innovation Challenge, and thousands of classroom projects and teacher requests during Teacher Appreciation Week from May 5-9. The donation will also support expanded financial literacy efforts, equipping students and teachers with the knowledge and tools to succeed in a rapidly evolving job market. This step is part of a broader effort to rebuild trust, restore resources, and reimagine what’s possible in American education.

Stablecoins have rapidly evolved into a cornerstone of digital finance, accounting for a significant portion of onchain transaction volume. Their potential to streamline humanitarian aid, philanthropy, and financial inclusion is just beginning to be explored. Stablecoin-powered transactions are fast, low-cost, highly transparent, and available 24/7. For nonprofit organizations, this means disbursing funds in real-time, reaching recipients directly, and cutting down on administrative overhead. This is true for both domestic initiatives and cross-border payments, whether funding a classroom in the U.S. or drought relief for communities in other regions.

Stablecoins pegged to fiat currencies can help mitigate both crypto and local fiat currency volatility. This makes them especially valuable in communities with unstable banking systems or hyperinflation, where financial resilience is both urgent and elusive. With an estimated 1.4 billion people unbanked and another 2 billion underbanked globally, stablecoins can unlock around-the-clock access to secure, affordable financial services with just an internet connection.

This education-focused pledge is part of Ripple’s larger mission to use crypto-enabled solutions to drive long-term, inclusive impact. Since 2018, Ripple has contributed over $200 million to nonprofits and universities worldwide. To bring more resources to classrooms, Ripple is teaming up with The Giving Block—a platform that helps nonprofits accept crypto donations. This means organizations like DonorsChoose and Teach For America can now receive support in RLUSD and XRP, making it easier for people to give directly to educators and students. It’s a simple way to connect crypto innovation with real impact and efficiently move funds to where it’s needed most.

The Giving Block has been a driving force behind crypto philanthropy by making it easy for nonprofits to accept and convert digital assets to fiat. Ripple and The Giving Block are frequent collaborators, most recently teaming up for relief efforts. Their platform simplifies on-ramping and off-ramping, so organizations can focus on making a difference without worrying about the details. The Giving Block now accepts RLUSD in addition to XRP for crypto donations.

Stablecoins will become an increasingly important tool for philanthropy, proving they are both an innovative financial instrument and a force multiplier for good. In 2022 and 2023, stablecoins were the most donated type of cryptocurrency on The Giving Block’s platform. Ripple’s own RLUSD donation helps highlight the efficiency, transparency, and reach this digital asset can bring to philanthropic giving. As more nonprofits, donors, and communities embrace blockchain-powered solutions, the future of doing good looks faster, fairer, and more financially inclusive than ever before.