Ripple joins Water.org campaign to support safe water access with RLUSD

The partnership ties Ripple and Water.org to the Get Blue campaign, with the source framing RLUSD stablecoin use as a potential boost to charitable funding efficiency in emerging markets.

RLUSD

Summary

Ripple has joined Water.org’s Get Blue campaign in a partnership aimed at expanding access to safe water through the use of RLUSD, a stablecoin (crypto token designed to hold a fixed value). The source says the effort could improve the efficiency and impact of charitable funding in emerging markets, pointing to a potential new use case for blockchain-based payments in philanthropy.

Terms & Concepts
  • RLUSD stablecoin: A stablecoin designed to maintain a fixed value.
  • stablecoin: A crypto token designed to hold a fixed value.