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Ripple and Water.org Expand Stablecoin Use for Aid Payments

(19 hours ago) · 1 source · Summarized by CryptoBipto

Ripple and nonprofit Water.org have expanded their collaboration using stablecoins to deliver aid payments. The partnership reportedly aims to speed up the transfer of funds to communities in need by leveraging blockchain-based payment infrastructure.

WHY IT MATTERS

When charities send money to people in other countries, the funds often pass through several banks, each of which may take a cut or cause delays.

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SOURCES

  • newsbtc.com

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