Ripple and MoonPay donate $50,000 in RLUSD for wildfire relief

Ripple and MoonPay have donated $50,000 in RLUSD (CRYPTO:RLUSD) stablecoin to support the Los Angeles Fire Department Foundation. 

This donation is part of Ripple's Ripple Impact initiative, which has contributed over $170 million globally to various causes. 

The funds aim to assist first responders battling the devastating wildfires in California, which have forced over 200,000 residents to evacuate their homes. 

Eric Van Miltenburg, a senior executive at Ripple, expressed gratitude for the opportunity to support those risking their lives for others. 

“The wildfires across California have caused such devastation — our hearts are with those affected,” he stated. 

The Los Angeles Fire Department acknowledged Ripple's generosity, emphasizing the importance of community support during this critical period. 

The wildfires have severely impacted areas like Pacific Palisades and Pasadena, creating an urgent need for emergency resources. 

Since its inception, the Ripple Impact initiative has focused on leveraging the company's resources to create positive change globally. 

The recent donation also highlights a broader trend of cryptocurrency being used for charitable purposes, with platforms enabling significant crypto donations for various causes.

At the time of reporting, the Ripple USD (RLUSD) price was $0.9983.