Ripple has pledged $100,000 in XRP to aid recovery efforts for communities affected by the ongoing wildfires in California.
The donation will benefit nonprofits World Central Kitchen and GiveDirectly, with a focus on immediate relief and long-term rebuilding support.
The impact of the contribution, facilitated through cryptocurrency philanthropy platform The Giving Block, is set to double thanks to a matching pledge from entrepreneur Jared Isaacman.
ripple (XRP) affirmed its commitment to supporting disaster relief through cryptocurrency donations, and highlighted the growing role of blockchain technology in charitable giving.
Wildfires in California
California is facing severe wildfires this season, especially in Southern California, where fires have spread rapidly across the Los Angeles area since January 7. According to For the New York Times.
The combination of strong Santa Ana winds, low humidity, and prolonged drought conditions exacerbated the situation, displacing thousands of residents and causing extensive property damage.
World Central Kitchen, known for providing meals to disaster-hit areas, and GiveDirectly, which provides direct cash aid to affected communities, will be major recipients of Ripple's donations.
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