Ripple Commits $25M To US Teachers And Classrooms Via RLUSD Stablecoin

Benzinga
05-05

Ripple XRP/USD has pledged $25 million to support U.S. K-12 classrooms and educators through partnerships with nonprofit organizations DonorsChoose and Teach For America.

What Happened: The funding, distributed primarily in Ripple USD RLUSD/USD, aims to address persistent shortages in classroom resources and educational support across the country.

The allocation comes amid widespread dissatisfaction with the state of American K-12 education.

According to a 2024 Gallup survey, 55% of parents and adults are dissatisfied with public education, citing funding gaps as a major concern.

Ripple's funding targets these deficiencies by providing direct support to classroom projects, tutoring programs, and financial literacy initiatives.

DonorsChoose and Teach For America will receive most of the $25 million in RLUSD, Ripple's dollar-backed stablecoin.

The organizations will use the funds to finance classroom supplies, expand tutoring services through Teach For America's Ignite program, and support STEM-focused and financial education programs nationwide.

This marks one of the first large-scale uses of a U.S. dollar stablecoin for direct classroom support, reflecting a broader trend in crypto-enabled philanthropy.

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Why It Matters: Stablecoins have emerged as the dominant form of on-chain payment, accounting for over 50% of blockchain transaction volume, according to Chainalysis.

Funds will be used to support classroom projects during Teacher Appreciation Week, launch a national STEM Innovation Challenge, and scale tutoring and teacher preparation efforts.

Teach For America will also use the donation to expand its Reinvention Lab and offer financial aid to incoming corps members.

The initiative highlights the financial burden U.S. teachers often face, with many spending personal funds to provide basic classroom materials.

By delivering targeted resources directly to educators, the funding aims to reduce this strain and improve student learning conditions.

The deployment of RLUSD also signals growing institutional use of stablecoins for nonprofit applications, particularly through platforms like The Giving Block, which enable direct crypto donations to education-focused causes.

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