Ripple's XRP is being positioned as a 'strategic war chest' as nonprofits increasingly adopt RLUSD for cross-border aid, according to Crypto Eri. Ripple has announced that major global nonprofits, including World Central Kitchen and Mercy Corps, are utilizing Ripple Payments and RLUSD to enhance the efficiency of their aid distribution. Over $50 million in RLUSD has been deployed for social impact projects on the XRP Ledger and Ethereum, underscoring the real-world adoption of blockchain payments. Ripple President Monica Long highlighted the significance of these developments, with further insights expected at the upcoming Ripple Swell event. Ripple currently holds 35 billion XRP in escrow and 5 billion available, valued at over $100 billion.
Ripple's XRP Positioned as Strategic Asset Amid Nonprofit Adoption
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