Ripple Drops $25M Bomb on US Education—Because Even Crypto Bros Need Tax Write-Offs

Ripple just pledged a staggering $25 million to US education nonprofits—because nothing says ’regulatory goodwill’ like throwing cash at classrooms while the SEC breathes down your neck.

The crypto giant’s sudden philanthropy push comes as XRP’s legal battles simmer—coincidence, or a masterclass in reputation laundering? Either way, teachers get paid, kids get tech, and Wall Street gets another reminder that charity is just PR with a receipt.

Increasing Financial Literacy Rate

Ripple notes in the press release that teachers in the US have a hard time accessing necessary resources for their students due to the lack of funding for education. Yet, they need these resources in order to provide their students with the best economic opportunities for the future.

“Teachers are going the extra mile for their students’ education, even spending hundreds – sometimes thousands – of dollars out-of-pocket for their classrooms,” said Alix Guerrier, CEO of DonorsChoose. The CEO added that Ripple is directly providing teachers with the resources their students need.

Teachers, tomorrow kicks off #TeacherAppreciationWeek! Are you ready to spread the word?!

We’ll be updating this post with all the funding news and fun, so be sure to check back daily: https://t.co/R5XKhlmMCl pic.twitter.com/oyKhkZ1BUg

Therefore, Ripple says that this latest partnership is a step in its plans to help boost financial literacy through “philanthropy and crypto-enabled solutions.” It adds that it has supported “hundreds” of nonprofits, fintechs, and universities through its.

Through this partnership, “students will not only get their hands on materials that will enhance their learning, but they will also have the tools to help set them on the path to a bright future,” Guerrier says.

Furthermore, Ripple claims that, since 2018, it has contributed more than $200 million to global initiatives. Also, nearly 80% of its employees have joined donations and volunteering programs.

According to Ripple CEO Brad Garlinghouse, the partnership will enable the company and the nonprofits to benefit thousands of classrooms across the US. “Together, we hope to inspire others to do the same,” he concludes.