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crypto.news 2025-01-14 18:46:48

Ripple donates $100k in XRP for California wildfire relief

Ripple has pledged $100,000 in XRP to aid recovery efforts for communities affected by the ongoing California wildfires. The donation will benefit nonprofit organizations World Central Kitchen and GiveDirectly, focusing on both immediate relief and long-term rebuilding support. The contribution, facilitated through the crypto philanthropy platform The Giving Block, is set to double in impact thanks to a matching pledge from entrepreneur Jared Isaacman. Ripple is donating $100,000 in XRP through @TheGivingBlock to @WCKitchen and @GiveDirectly to aid in wildfire relief efforts in California. Thanks to @rookisaacman , our donation will be doubled. You can help families and first responders too. Your crypto, cash and stock… — Ripple (@Ripple) January 14, 2025 Ripple ( XRP ) emphasized its commitment to supporting disaster relief through cryptocurrency donations, highlighting the growing role of blockchain in charitable giving. You might also like: Genius Group launches $33m rights offering to boost Bitcoin reserve California wildfires California is grappling with severe wildfires this season, particularly in Southern California, where fires have spread rapidly across the Los Angeles area since Jan. 7, according to the New York Times. The combination of hurricane-force Santa Ana winds, low humidity, and prolonged drought conditions has worsened the situation, displacing thousands of residents and causing significant property damage. World Central Kitchen, known for providing meals to disaster-stricken areas, and GiveDirectly, which delivers direct cash assistance to affected communities, will be key recipients of Ripple’s donation. You might also like: Bitcoin headed to $250k, says Fundstrat’s Lee