Just In: Ripple Donates $25 Million in RLUSD to Support U.S. Classrooms and Teachers

The post Just In: Ripple Donates $25 Million in RLUSD to Support U.S. Classrooms and Teachers appeared first on Coinpedia Fintech News

Ripple has announced a big $25 million donation to help teachers and schools across the United States. The money will mostly be given in Ripple’s own digital dollar, called Ripple USD (RLUSD). Ripple is using its digital dollar, RLUSD, to send majority of the money. 

Ripple Donates $25M in RLUSD

The funds will go to two education groups, DonorsChoose and Teach For America. Both work to give teachers and students the tools they need for better learning and brighter futures.

Ripple’s goal is to support young people as they get ready for future jobs and to give teachers the resources they often have to buy with their own money. Ripple’s CEO, Brad Garlinghouse



Full Name

Bradley Kent Garlinghouse

Birth

06-02-1971, in Topeka, Kansas

Nationality

American

Education

Bachelor's degree in Economics, MBA from Harvard Business School.

Net Worth

$10B (Refer here)

 
Ripple's native token, XRP is among the top digital assets. As per CoinGape, Brad's company has $100 billion worth of XRP tokens in its reserve. This will help further innovation in Web3 and blockchain projects. As per reports surfing on Binance’s blog, Brad Garlinghouse may step down as CEO of Ripple to join the Crypto Advisory Council, which is led by President Trump. This significant event will boost the adoption of decentralized finance and blockchain growth.
 
Brad Garlinghouse: Trivia
 

2007: Served as Senior VP at Yahoo!, heading communications and consumer products.
2012: Became CEO of Hightail, leading digital file-sharing innovations.
2015: Joined Ripple as COO to push blockchain adoption in cross-border payments.
2017: Became CEO of Ripple, driving XRP adoption and blockchain partnerships.
2020: Led Ripple’s defense against the SEC lawsuit over XRP’s security status.
2021: Expanded Ripple’s ODL (On-Demand Liquidity) network for global crypto payments.
2023: Got a partial success against the SEC, declaring XRP as not a security.
2024: Continue leading Ripple in CBDC collaborations and global blockchain finance.
2025: May join Trump's Crypto Advisory Council to set regulations.

 
Notable Works & Achievements by Brad Garlinghouse
 

Year

Achievements

Details

2003

Wrote the 'Peanut Butter Manifesto' at Yahoo!

Highlighted Yahoo!'s lack of focus in operations.

2015

Joined Ripple as Chief Operating Officer

Took measures to integrate blockchain technology into banking systems.

2017

Appointed CEO of Ripple

Expanded Ripple's global partnerships, enhancing cross-border payment solutions.

2020

Named in Forbes' List of Wealthiest in Cryptocurrency

Recognized for significant contributions to the crypto industry.

2023

Legal Victory in SEC vs. Ripple Case

Achieved a favorable ruling impacting cryptocurrency regulations.

 
Useful Links To Connect with Brad Garlinghouse
 

Platform 

Link

X (formerly Twitter)

LinkedIn

https://www.linkedin.com/in/bradgarlinghouse

Ripple’s Website

https://ripple.com/leadership/brad-garlinghouse/

 
 

EntrepreneurInvestorChief Executive OfficerBoard Member




, said the company has always cared about education and hopes this move encourages others to do the same — especially during Teacher Appreciation Week.

Funding Classrooms and Future Skills

The donation will help pay for classroom supplies, tutoring programs, and science and technology projects. It will also support programs that teach students and teachers about managing money and building strong futures.

A recent survey found that many people in the U.S. are not happy with the current state of education. Over half of American adults believe schools need better funding and resources. Ripple’s donation is a step toward fixing that.

“Through their initiatives, Ripple is directly providing teachers with the resources their students need for the best education. Students will not only get their hands on materials that will enhance their learning, but they will also have the tools to help set them on the path to a bright future,” said CEO of DonorsChoose.

Never Miss a Beat in the Crypto World!

Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.

Read Entire Article


Add a comment

  • bitcoinBitcoin(BTC)$26,051.000.02%
  • ethereumEthereum(ETH)$1,652.21-0.04%
  • tetherTether(USDT)$1.00-0.08%
  • binancecoinBNB(BNB)$217.290.72%
  • rippleXRP(XRP)$0.521.75%
  • usd-coinUSD Coin(USDC)$1.00-0.04%
  • cardanoCardano(ADA)$0.260196-0.85%
  • dogecoinDogecoin(DOGE)$0.0631641.33%
  • tronTRON(TRX)$0.0774861.09%
  • polkadotPolkadot(DOT)$4.501.99%
  • litecoinLitecoin(LTC)$65.301.07%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$26,065.000.00%
  • bitcoin-cashBitcoin Cash(BCH)$189.59-0.41%
  • uniswapUniswap(UNI)$4.58-0.60%
  • stellarStellar(XLM)$0.1229001.01%
  • moneroMonero(XMR)$141.101.34%
  • aaveAave(AAVE)$56.961.06%
  • havvenSynthetix Network(SNX)$2.06-0.07%
  • tezosTezos(XTZ)$0.701.39%
  • eosEOS(EOS)$0.581.13%
  • theta-tokenTheta Network(THETA)$0.641.26%
  • bitcoin-cash-svBitcoin SV(BSV)$29.94-1.07%
  • nemNEM(XEM)$0.025210-0.32%
  • bitcoinBitcoin(BTC)$26,051.000.02%
  • ethereumEthereum(ETH)$1,652.21-0.04%
  • tetherTether(USDT)$1.00-0.08%
  • binancecoinBNB(BNB)$217.290.72%
  • rippleXRP(XRP)$0.521.75%
  • usd-coinUSD Coin(USDC)$1.00-0.04%
  • cardanoCardano(ADA)$0.260196-0.85%
  • dogecoinDogecoin(DOGE)$0.0631641.33%
  • tronTRON(TRX)$0.0774861.09%
  • polkadotPolkadot(DOT)$4.501.99%
  • litecoinLitecoin(LTC)$65.301.07%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$26,065.000.00%
  • bitcoin-cashBitcoin Cash(BCH)$189.59-0.41%
  • uniswapUniswap(UNI)$4.58-0.60%
  • stellarStellar(XLM)$0.1229001.01%
  • moneroMonero(XMR)$141.101.34%
  • aaveAave(AAVE)$56.961.06%
  • havvenSynthetix Network(SNX)$2.06-0.07%
  • tezosTezos(XTZ)$0.701.39%
  • eosEOS(EOS)$0.581.13%
  • theta-tokenTheta Network(THETA)$0.641.26%
  • bitcoin-cash-svBitcoin SV(BSV)$29.94-1.07%
  • nemNEM(XEM)$0.025210-0.32%