XRP Joins Crypto Philanthropy Effort to Aid Maui Wildfire Victims

Estimated read time 2 min read
  • Ripple’s cryptocurrency, XRP, has been included in a philanthropic effort to aid the victims of the devastating wildfires in Maui.
  • The Giving Block, a platform for cryptocurrency-based charitable donations, now supports XRP, alongside other cryptocurrencies.

Ripple’s cryptocurrency, XRP, is now part of a compassionate mission aimed at alleviating the suffering caused by the devastating wildfires in Maui. The Giving Block, a platform renowned for facilitating charitable contributions through cryptocurrencies, has expanded its support to include XRP, offering a lifeline to the affected residents of Maui.

The wildfires in Maui have left in their wake over 100 reported fatalities, the destruction of numerous homes and businesses, and the displacement of thousands. With XRP joining the ranks of supported cryptocurrencies, which already include BTC, ETH, USDC, BCH, AAVE, AXS, BAT, BNT, BOND, MATIC, and others, the fundraising campaign’s potential reach has significantly expanded.

Jared Isaacman, CEO of Shift4, the parent company of The Giving Block, has made an impactful commitment to this cause. He has pledged to match donations 1:1 for the first $500,000 contributed to the Maui response fund. This initiative has the potential to amass a total of $1 million for relief efforts. Donations made in any of the supported cryptocurrencies, including XRP, will be evenly distributed among participating humanitarian relief organizations. These organizations are on the ground, providing essential medical care and assistance to affected individuals, families, and animals.

The fund has already received generous donations, totaling $72,657.74. With the matched amount, the overall fund stands at $145,315.48, making significant strides towards the goal of $1 million. The Maui Emergency Response Fund is open to contributions in various forms, including the aforementioned cryptocurrencies, stocks, DAF grants, and cards. Donors have the flexibility to support the fund directly or choose to donate to specific organizations involved in the relief efforts.

A Collective Effort

Numerous organizations are participating in this endeavor, including Airlink, All Hands and Hearts Smart Response, Inc., Convoy of Hope, Direct Relief, Feeding America, Global Empowerment Mission, Habitat for Humanity Maui, Inspire Church, Maui Humane Society, and World Central Kitchen.

The $500,000 Maui Emergency Response Fund Match Campaign, led by Jared Isaacman, operates on a first-come-first-served basis. While there is a cap of $100,000 for direct donations to eligible nonprofits, there are no limits on contributions to the Maui Emergency Response Fund itself.

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