Ripple, a fintech company based in San Francisco, has pledged up to $1 million in its native coin XRP. The money will go to a number of organizations that are helping earthquake victims in Turkey and Syria.

Ripple made the announcement on February 15 that it would donate one million XRP to NGOs that help victims of the earthquakes in Turkey and Syria. The fintech company stated that it would make a direct donation of $250,000. 654,000 coins) through the <a href="https://www.cryptoforcharity.io/cause-funds/ripple-impact-earthquake-relief">relief fund</a> for Crypto for Charity. It also stated that it would match every cryptocurrency donation to the fund at a ratio of 2:1, with a maximum of $750,000.
<h2>Crypto Donors Join Ripple</h2>
On February 6, a 7.8-magnitude earthquake struck Turkey and Syria, according to reports, resulting in more than 36,000 deaths.

Ripple clarified that CARE, Mercy Corps, and the International Rescue Committee are among the four NGOs supported by the fund.

It stated that these are providing "immediate cash, basic items such as household kits, dignity kits for women and girls, hygiene supplies, and more" to the affected communities in Syria and Turkey.

World Central Kitchen, which works with field kitchens, local chefs and restaurants, and food trucks to feed survivors and first responders, will also receive funds.

In addition to Ripple, other businesses and individuals have pledged <a href="https://www.cryptoknowmics.com/news/phantom-crypto-wallet-will-now-support-polygon-and-ethereum/">crypto support</a> for the cause. Additionally, the Tezos Foundation facilitates cryptocurrency contributions to relief efforts.

Additionally, Ethereum co-founder Vitalik Buterin has been donating ETH to a number of charitable organizations. In the past few days, Vitalik has given approximately $228,000 (150 ETH) to two Turkish relief organizations.

The most recent donation, made on February 13, was made to Anka Relief, a crypto-based community and aid fund that helps people affected by the Turkish earthquake. Additionally, Vitalik gave 100 ETH to Abhap, a charity that accepts cryptocurrency donations.

Digital assets have already raised more than $4.4 million, according to the Abhap website.
<h2>Forecasts For Prices</h2>
At the time of this writing, the price of XRP is $0.38, up 2.8% on the day. However, the Ripple cryptocurrency is still under pressure, having lost 6% in the previous week and having failed to surpass $0.40 since February 9.

As the market rally that began in January loses steam, XRP is currently in a wider retreat. In addition, the cross-border payments coin has lost 89 percent since reaching its all-time high of $3.40 in January 2018.

Ripple Pledges Crypto Donation: Turkey's Earthquake Relief Efforts

Sujit received his Bachelors in Science from the LNMU Darbhanga. He is currently working as a Content Strategist. He has more than three years of professional experience in information systems, security policies, technologies, and Cryptocurrency. He has published 6 books in the area of information security and assurance. He has published more
than 50 research articles in leading journals Regarding the Latest and Breaking Crypto News and updates. His research interests include access control, computer forensics, Digital Marketing, Web development, business hacks, player experience, and virtual storytelling.

Ripple Pledges Crypto Donation: Turkey's Earthquake Relief Efforts

Top Picks