Ripple Pledges $25M in Stablecoin to Support US Businesses and Veterans

Core Insights - Ripple has pledged $25 million in Ripple USD (RLUSD) stablecoin to support nonprofit organizations focused on small-business access to capital and job training for veterans and military families [2][3][4] Group 1: Financial Commitment - This is Ripple's second $25 million donation in 2025, following a previous contribution to education-focused nonprofits, as part of a broader strategy to provide digital financial tools through RLUSD [3][4] - The donation aims to generate $125 million in lending impact through new programs, including the Ripple Digital Leap Forward accelerator, which will offer training and $500,000 in initial support for business owners [5] Group 2: Nonprofit Engagement - Accion Opportunity Fund and Hire Heroes USA will utilize the funds for capital access, training, and career transition support, with Hire Heroes USA expecting to support 14,000 job placements [5][6] - The RLUSD will be distributed via The Giving Block's donation platform, allowing for faster fund delivery and operational exposure to digital asset tools for the nonprofits [6][7] Group 3: Strategic Vision - Ripple's CEO emphasized the importance of supporting small businesses and veterans, stating that both groups are vital to American progress but face barriers that limit their economic impact [3][4] - The use of RLUSD for philanthropy exemplifies how stablecoins can streamline funding with faster settlement and clear tracking [7]