Ripple Effect Exceeds $200M in Funding– 2024 Report Showcases Global Development

Ripple’s 2024 Effect Report is out, and it reveals the company has donated over $200 million since 2018. Beyond giving back, Ripple has actually taken things further by diving into Impact Finance, by utilizing the XRP Journal and its stablecoin, RLUSD. Ripple (XRP), produced by Ripple Labs back in 2012, was developed to make cross-border payments much faster, cheaper, and more accessible for everyone.

Not only has it remained true to that mission, but Ripple has gone above and beyond, earning top marks in more ways than one. According to Ripple’s 2024 Effect Report, the company has contributed over $200 million since 2018 towards developing a more sustainable and inclusive future. Ripple’s commitment to transparency in carbon markets also gained momentum through Centigrade, a platform co-founded with the Rocky Mountain Institute to improve accessibility and trust in voluntary carbon trading. Meanwhile, Ripple employees made a difference worldwide, with 80% participating in Ripple Effect programs.