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Crypto sector donates cash and digital currency for LA fire relief, Blockdaemon and Ripple help lead effort
As a hub for technology, many crypto companies call California home. Faced with ongoing XRP through The Giving Block to World Central Kitchen, a charity providing fresh meals to first responders and evacuees, and GiveDirectly, a charity that sends money directly to those living in poverty, according to the company.
This donation follows Ripple’s announcement last week that it had partnered with Miami-based crypto exchange MoonPay to donate $50,000 worth of Ripple’s new stablecoin RLUSD to the Los Angeles Fire Department Foundation through The Giving Block, “in support of the first responders on the frontlines of the California wildfires.”
While Ripple has some remote employees in Southern California, the company said, none have been evacuated due to the wildfires.