Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Ripple and MoonPay Donate Stablecoins to Fire Relief

Ripple and MoonPay Donate Stablecoins to Fire Relief

HappyCoinNews2025/01/13 10:11
By: HappyCoinNews
XRP-2.37%

Issuer XRP company Ripple and cryptocurrency payment service MoonPay donated stablecoins to help fight fires in the US state of California.

Employees Ripple and MoonPay donated dollar-pegged coins to the Los Angeles Fire Department Ripple USD (RLUSD) worth $50,000. Rescuers, who are being called heroes in the current emergency, thanked the organizations for providing financial support during the crisis.

Drought and strong winds caused wildfires to spread quickly in Los Angeles, and fires destroyed entire neighborhoods such as Pasadena and Calabasas. More than 200,000 residents were evacuated to avoid casualties. However, at least 16 people were trapped and died.

Ripple and MoonPay Donate Stablecoins to Fire Relief image 0

The aftermath of the fire in California

One of the victims of the fires was a 70-year-old woman who survived but lost her property. Her house burned down along with a piece of paper on which was written the private key to a crypto wallet with bitcoins. She did not remember the login details for the crypto storage and therefore lost access to your savings in digital assets.

Ripple It is not the first time that the company has helped those in need. The company has launched a charity program Ripple Impact Initiative, through which the firm has already donated over $170 million to non-profit, charitable and educational organizations operating in more than 80 countries.

EN @happycoinnews
EN @happycoinnews_en
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

New spot margin trading pair — HOLO/USDT!
Bitget Announcement2025/09/12 07:46
FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn

- FUN plunged 32.34% in 24 hours to $0.008938, marking a 541.8% monthly loss amid prolonged bearish trends. - Technical breakdowns, elevated selling pressure, and forced liquidations highlight deteriorating market sentiment and risk-off behavior. - Analysts identify key support below $0.0080 as critical, with bearish momentum confirmed by RSI (<30) and MACD indicators. - A trend-following backtest strategy proposes short positions based on technical signals to capitalize on extended downward trajectories.

Bitget-RWA2025/09/12 06:14
OPEN has dropped by 189.51% within 24 hours during a significant market pullback

- OPEN's price plummeted 189.51% in 24 hours to $0.8907, marking its largest intraday decline in history. - The token fell 3793.63% over 7 days, matching identical monthly and yearly declines, signaling severe bearish momentum. - Technical analysts cite broken support levels and lack of bullish catalysts as key drivers of the sustained sell-off. - Absence of stabilizing volume or reversal patterns leaves the market vulnerable to further downward pressure.

Bitget-RWA2025/09/12 06:14
New spot margin trading pair — LINEA/USDT!
Bitget Announcement2025/09/11 10:04

Trending news

More
1
New spot margin trading pair — HOLO/USDT!
2
FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn

Crypto prices

More
Bitcoin
Bitcoin
BTC
$115,767.89
-0.26%
Ethereum
Ethereum
ETH
$4,628.64
-2.03%
XRP
XRP
XRP
$3.05
-3.83%
Tether USDt
Tether USDt
USDT
$1
-0.02%
Solana
Solana
SOL
$245.26
+1.11%
BNB
BNB
BNB
$933.4
-0.69%
USDC
USDC
USDC
$0.9996
-0.02%
Dogecoin
Dogecoin
DOGE
$0.2840
-3.94%
TRON
TRON
TRX
$0.3486
-1.26%
Cardano
Cardano
ADA
$0.8953
-5.47%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter