Ripple Donates $300K for Flood Relief in Nepal and Tibet

Ripple has pledged $300,000 to support relief efforts in Nepal and Tibet following catastrophic floods that have left hundreds dead and thousands missing.

The funds will be divided between World Central Kitchen and Mercy Corps, two organizations already working with Ripple to provide aid to affected communities.

World Central Kitchen is distributing meals in the hardest-hit areas of Nepal's Rasuwa and Nuwakot districts, while Mercy Corps is coordinating emergency water and sanitation support. The organizations have a history of working together, having partnered on projects using blockchain technology for humanitarian finance.

The floods were triggered by a glacier collapse that released ice, rock, mud, and debris into the mountain river system on August 26, causing widespread destruction and isolation of communities from emergency assistance.