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Altcoins

Ripple’s RLUSD Powers California Wildfire Relief With Crypto Donation

By admin 6 0

Ripple's RLUSD Powers California Wildfire Relief With Crypto Donation

Ripple and Moonpay have made a joint donation of $50,000 worth of RLUSD, Ripple’s new stablecoin tied to the U.S. dollar, to the Los Angeles Fire Department Foundation (LAFDFoundation). This contribution aims to support first responders battling the devastating California wildfires. Ripple highlighted their commitment to evaluating additional ways to assist these critical emergency efforts. Moonpay echoed this sentiment, emphasizing the significance of the donation in providing relief to firefighters across Los Angeles. The RLUSD contribution underscores the growing role of cryptocurrency in addressing real-world challenges and demonstrates how digital assets can be used effectively in crisis management.

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