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Ripple Contribution Could Support $900 Million in U.S. GDP

Ripple Contribution Could Support $900 Million in U.S. GDP

Photo: TokenPost

Ripple’s $10 million contribution to nonprofit lender Accion Opportunity Fund could support as much as $900 million in U.S. gross domestic product over 10 years through small-business lending, based on the fund’s historical lending model. The contribution was made in Ripple USD (RLUSD), Ripple’s dollar-backed stablecoin, and is part of a $15 million commitment to the fund in 2025. The projection is an estimate, not economic activity already generated or a guaranteed outcome. The lending equity will remain on Accion Opportunity Fund’s balance sheet to help secure and support loans over time.

Source: TokenPost

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