Ripple Commits $25 Million to Support US Classrooms and Educators

Ripple has committed $25 million to support US classrooms and teachers, aiming to enhance educational resources and improve academic outcomes.

Key Details of Ripple's Initiative

  • The initiative addresses resource inadequacies in many US classrooms.
  • A Gallup survey indicated that 55% of US parents and adults are dissatisfied with K-12 education quality due to funding issues.
  • Ripple collaborates with DonorsChoose and Teach For America to benefit thousands of classrooms.
  • The majority of the funds will be distributed in Ripple USD (RLUSD), a stablecoin backed by the US dollar.

Focus Areas for Support

  • Funding for classroom projects and teacher requests during Teacher Appreciation Week.
  • Support for Teach For America’s Ignite tutoring program nationwide.
  • Launch of a national STEM Innovation Challenge.
  • Enhancement of financial literacy among students and educators.

Ripple aims to inspire further contributions, promoting confidence and positive results in education. Currently, XRP is trading at $2.13, down 8% for the week.