Ripple Donated to Political Struggle in the USA

Ripple made another donation to the political struggle to develop the cryptocurrency industry in the USA.

Ripple, as the developer of XRP, has once again donated to Fairshake to support pro-cryptocurrency policies in the US. This donation, which aims to develop the cryptocurrency industry, was Ripple's second major contribution to this organization.

Ripple, which donated $25 million to Fairshake last year, made another donation of the same amount this year, reaching a total support of $50 million.

Fairshake is a political action organization that funds the campaigns of politicians who support cryptocurrencies and advocate policies in favor of them.

Besides Ripple, other cryptocurrency supporting companies such as Coinbase, Gemini, Andreessen Horowitz and ARK Invest also donate to Fairshake. With the contributions of these companies, the total amount of donations Fairshake collected exceeded $100 million.

Ripple described these donations as “part of an industry-wide effort to advance policies that will support the next leg of financial innovation in the United States.”