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 Brad Garlinghouse Brad Garlinghouse is an American businessman and a major crypto influencer. He is the CEO of Ripple Labs, which offers cryptocurrency and blockchain solutions. Brad has also worked at Hightail, AOL, and Yahoo in prominent positions.   Ripple Labs has backed several blockchain startups and investors to grow decentralized finance. Brad sees crypto as a tool for financial freedom and has worked with other influencers in this regard.   Quick Facts   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) https://twitter.com/bgarlinghouse LinkedIn https://www.linkedin.com/in/bradgarlinghouse Ripple’s Website https://ripple.com/leadership/brad-garlinghouse/ Entrepreneur Investor Chief Executive Officer Board Member , said the company has always cared about education and hopes this move encourages others to do the same — especially during Teacher Appreciation Week.

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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.

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