Ripple has pledged $25 million in Ripple USD (RLUSD) to education nonprofits, specifically DonorsChoose and Teach For America. The initiative, announced on May 5, aims to support teachers and students by providing resources they require for educational innovations. This funding comes amid a survey indicating that 55% of US adults are dissatisfied with the current quality of K-12 education, reflecting significant funding gaps. Ripple's CEO, Brad Garlinghouse, expressed hope that this commitment would inspire others to contribute as well, coinciding with Teacher Appreciation Week. Teach For America plans to utilize this funding to enhance its tutoring programs and support teachers financially. This donation joins other charitable efforts in the cryptocurrency industry, highlighting a trend where crypto companies engage in philanthropic activities.

Source đź”—