$25 Million Pledge From Ripple Set To Benefit Teachers And Students Across The US
Ripple has committed $25 million to support US classrooms and teachers, aiming to enhance educational resources and improve academic outcomes. This initiative addresses the ongoing challenges of inadequate funding in education, highlighted by a Gallup survey indicating 55% of US adults are dissatisfied with K-12 education quality. Ripple's funding will primarily be distributed in Ripple USD (RLUSD), its stablecoin, and will partner with organizations like DonorsChoose and Teach For America. The initiative includes funding classroom projects, supporting the Ignite tutoring program, and launching a national STEM Innovation Challenge. Ripple also aims to enhance financial literacy among students and educators. The initiative seeks to inspire further contributions during Teacher Appreciation Week and throughout the year.