Ripple commits $1 million to International Rescue Committee, will use RLUSD for relief fund transfers
Ripple announced a new partnership with the International Rescue Committee (IRC) and pledged $1 million to explore how its upcoming RLUSD stablecoin and cross-border transfer solution could enhance cash relief and money transfers in crisis areas.
Eric Van Miltenburg, Ripple's senior vice president for strategic initiatives, said Ripple looks forward to leveraging IRC's experience to expand its humanitarian efforts and help vulnerable communities access essential resources quickly, safely, and effectively.