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Ripple and Water.org Expand Stablecoin Work as Aid Payments Move Faster

Reported by NewsBTC

Image: NewsBTC

Ripple and Water.org are expanding a partnership that applies payment and stablecoin infrastructure to water and sanitation financing. Ripple’s late-October announcement describes wider use of Ripple Payments, RLUSD and wallet services across the nonprofit’s operations. The company reports that earlier work moved more than $3.2 million across four markets, with same-day settlement in Mexico and Brazil replacing waits of two to three days. Those are partner-reported operational results, not an independent measure of every programme outcome. Water.org’s WaterCredit programme works with local financial institutions to make small loans for household water and sanitation improvements.

This is an excerpt. The reporting belongs to NewsBTC.

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