Ripple Matches Veteran Donations Up to $10,000 in XRP

Ripple announced on July 4 that it will match donations to the Call of Duty Endowment up to $10,000 in XRP, supporting unemployed U.S. veterans in finding high-quality jobs. The blockchain payments company launched the campaign as part of the Giving 4th initiative to make Independence Day a national day of charitable giving. The Call of Duty Endowment has supported the placement of over 165,000 veterans and aims to place 200,000 vets in jobs by 2030.

Ripple Matches Veteran Donations Up to $10,000 in XRP

Ripple announced on July 4 that it is going to match donations to the Call of Duty Endowment up to $10,000 in XRP. The Call of Duty Endowment is a nonprofit organization that helps unemployed veterans get high-quality jobs after their military service.

The company encouraged users to donate to support the veterans with cash, stocks, XRP, or Ripple's USD-pegged stablecoin RLUSD. In turn, Ripple said it will match the donation in XRP, up to a maximum match of $10,000.

At the time of writing, the campaign has raised $814.19. At press time, XRP was trading at $1.14, down around 50% in a year.

Ripple Receives Full MiCA Compliance Authorization

Ripple made another major announcement on July 6 that it has received authorization of its Crypto Asset Service Provider (CASP) license from Luxembourg's Commission de Surveillance du Secteur Financier (CSSF).

The authorization confirms Ripple as fully Markets in Crypto-Assets Regulation (MiCA)-compliant. The firm's end-to-end regulated crypto payments product is now available to financial institutions, corporates, and businesses across all 30 countries of the European Economic Area.

Ripple said it now holds more than 75 regulatory licenses across the world.

FAQ

What did Ripple announce on July 4?

Ripple announced on July 4 that it will match donations to the Call of Duty Endowment up to $10,000 in XRP as part of the Giving 4th campaign to support unemployed U.S. veterans.

What is Ripple's MiCA compliance status as of July 6?

On July 6, Ripple received authorization of its CASP license from Luxembourg's CSSF, confirming the company as fully MiCA-compliant and enabling regulated crypto payments across the European Economic Area.