Ripple donates $300,000 for flood relief in Nepal and Tibet

Ripple announced on August 28 that it has committed $300,000 to emergency relief efforts following catastrophic flash floods that struck Nepal and the Tibetan region of China two days earlier. The donation will fund food distribution, clean water access, and sanitation services for communities devastated by what has become one of the deadliest natural disasters in the region in recent memory. The floods, triggered by a glacial collapse along the Nepal-Tibet border on August 26, have torn through the Rasuwa, Nuwakot, and Dhading districts with staggering force. Fatality estimates range from 359 to over 630, with more than 1,300 people still missing. Scale of the disaster UNICEF has reported that over 17,000 children have been directly affected by the flooding, and the agency has issued an urgent appeal for $17.2 million to address immediate humanitarian needs. The US government has pledged $500,000 to support disaster response in the affected areas, putting Ripple’s $300,000 contribution in the same neighborhood as a sovereign nation’s initial commitment. How the money will be deployed Ripple is channeling its donation through two established humanitarian organizations: World Centra...