Ripple’s $1M investment aims to enhance cash relief efficiency using blockchain solutions.
The IRC will leverage Ripple’s RLUSD stablecoin for faster aid distribution in crises.
This partnership seeks to improve financial inclusion amid growing global humanitarian needs.
Ripple has announced a partnership with the International Rescue Committee (IRC) to improve humanitarian aid delivery using blockchain.
This partnership aims to enhance cash relief and fund transfers in crisis zones by leveraging Ripple’s expertise in cross-border payments and blockchain-based solutions. Ripple has also committed $1 million to explore how blockchain, including its RLUSD stablecoin, can improve the speed and efficiency of humanitarian aid. This collaboration represents a significant step toward using technology to improve global humanitarian efforts.
Ripple and @RESCUEorg are teaming up to improve humanitarian aid delivery with blockchain. We’re committing $1M to explore how our #RLUSD stablecoin and payment solutions can enhance cash relief and fund transfers in crisis zones. #RippleImpact #RippleSwell
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— Ripple (@Ripple) October 16, 2024
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