Ripple donates $10M to Mercy Corps during annual Swell conference

Cointelegraph

Published Oct 16, 2020 02:55AM ET

Updated Oct 18, 2020 05:00AM ET

During the annual Swell conference, Ripple announced a contribution of $10 million to Mercy Corps to help it use digital assets in its work on developing financial inclusion in emerging markets.

Mercy Corps is a nongovernmental, humanitarian aid organization that aims to create economic opportunities in countries where the financial system isn’t operating properly. The organization claims to have assisted over 220 million people survive various humanitarian conflicts.

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