XRP Today News: Ripple Donates 25 Million USD RLUSD to Non-Profit Organizations

Ripple announced on September 15 that it will donate a total of 25 million USD in the form of its USD stablecoin Ripple USD (RLUSD) to two non-profit organizations in the United States, Accion Opportunity Fund and Hire Heroes USA, aiming to expand financing channels for resource-constrained small business owners. At the time of the announcement, the price of Ripple (XRP) returned above 3.04 USD, market sentiment warmed, and analysts are optimistic about its potential to challenge 5 USD in 2025.

Ripple stablecoin RLUSD first large-scale charitable donation

This donation will be fully distributed in RLUSD, marking the first large-scale application of Ripple stablecoin in the public welfare sector. The two non-profit organizations receiving the funds focus on small business financing and veteran employment support, and Ripple stated that this funding will be used directly to improve the economic opportunities of disadvantaged groups.

XRP price technical breakthrough, target aimed at 3.50 USD

(Source: Trading View)

The technical chart shows that XRP has successfully broken through the downward trend line that has suppressed its movement since mid-July, currently standing above the EMA range of $2.94–$2.99, and has gained support from the 20-period and 50-period moving averages.

Analysts point out that the short-term key resistance level is at 3.10 USD. If it can effectively break through, it is expected to push the price up to 3.25 USD and eventually challenge 3.50 USD. Conversely, if it falls below 3.00 USD, it may test the support area at 2.75 USD.

Fundamental Benefits: Global Expansion and Regulatory Advantages

In addition to charitable donations, Ripple's recent expansion in the global market has also provided fundamental support for XRP. The company has established a custody partnership with BBVA (Banco Bilbao Vizcaya Argentaria) and is expanding its business in Europe and the Middle East, enhancing investor confidence by leveraging the mature regulatory frameworks in the region.

However, some funds in the market are still flowing towards emerging projects, such as PayFi's Remittix (RMTX), which recently sold 660 million tokens at a price of $0.1080 each, raising over $25.4 million and attracting some short-term capital attention.

Conclusion

Ripple's $25 million donation made in RLUSD not only highlights its commitment to the public welfare sector but also further enhances the market attention towards RLUSD and XRP. With technical breakthroughs and global business expansion, XRP is expected to challenge higher price levels before the end of the year, but investors still need to pay attention to the key resistance at $3.10 and macro market changes.