Ripple Donates $25M in RLUSD to Support U.S. Education Nonprofits

Ripple, the U.S.-based crypto services firm behind the XRP Ledger, has committed $25 million in Ripple USD (RLUSD) to education nonprofits DonorsChoose and Teach For America. The grant will be processed through the crypto charity intermediary service The Giving Block.

According to DonorsChoose CEO Alix Guerrier, teachers often spend significant amounts out-of-pocket for their classrooms. This donation aims to provide teachers with resources to support their students’ education. Teach For America CEO Aneesh Sohoni stated that the funding will allow the organization to expand its Ignite Tutoring Fellows program, drive innovation in the Reinvention Lab, and provide crucial financial assistance to prepare teachers.

A 2024 Gallup survey highlighted that 55% of U.S. parents and adults are dissatisfied with the quality of K–12 education, underscoring the need for increased support. Ripple CEO Brad Garlinghouse expressed hope that this initiative would inspire others to support students and teachers, especially during Teacher Appreciation Week.