Ripple Donated $200K To Fight Against COVID-19 Pandemic

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Priyanka Kulkarni
Priyanka Kulkarni, post-graduated in Business Administration holds worthy experience in market research and investment banking. She is passionate to flaunt her perception towards cryptocurrencies.
  • As per the current circumstances, many prominent businesses raised their fund for donating a sizable amount to fight COVID-19 pandemic. Ripple is amongst the ones to join the list of companies that are fighting the coronavirus epidemic.
  • Per its latest tweet, Ripple posted in this contagion situation, Ripple is committed to participating in the global response to the COVID-19 pandemic.
  • Ripple continues to support its customers during this critical situation.

As per the current circumstances, many prominent businesses raised their fund for donating a sizable amount to fight COVID-19

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pandemic. Ripple is amongst the ones to join the list of companies that are fighting the coronavirus epidemic.

The master blockchain has announced for donating $200,000 to Tipping Point Community, a San Franciso based non-profit organization and Silicon Valley Community Foundation.

Per its latest tweet, Ripple posted in this contagion situation, Ripple is committed to participating in the global response to the COVID-19 pandemic.

Ripples initiative towards helping COVID-19 countries

The company is going to donate $100k donations each to Tipping Point Community’s emergency response fund and Silicon Valley Community foundation’s COVID Regional Response Fund.

As per sources, Ripple enables work remotely in order to crush the spread of the deadly infection. This pandemic has more than 470,000 confirmed cases globally. The CEO of Ripple, Brad Garlinghouse underlined that the company’s priority is the health of its team.

However, Ripple continues to support its customers during this critical situation. The world’s economy is slopping down to one by one to fight against the calamity; there is a need for transferring money worldwide.

The blockchain-based donation platform Binance Charity one of the world’s leading crypto exchanges recently dropped the crypto against the COVID campaign. While the Binance came out with a substantial $1 M contribution.

The Bitcoin fundraising campaign

The Italian national Red Cross Society, Italian Red Cross (IRC) launched a Bitcoin fundraising campaign to battle against the disease.  The society is also raising Bitcoin as well as other Cryptocurrencies to set up a Second Level Advanced Medical Post for pre-triage of COVID-19 cases.

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