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Ripple’s $10M RLUSD Donation Could Help Generate $900M: Report

Ripple’s $10M RLUSD Donation Could Help Generate $900M: Report

Photo: Bitcoin.com News

Small business lending supported by Ripple’s RLUSD donation could help generate up to $900 million in GDP over a decade. The forecast connects a permanent capital contribution with borrowing, repeated loans, and economic activity across communities. Underserved small businesses could access financing backed by Ripple’s donation of Ripple USD (RLUSD). Jonathan Perri, social impact director at Ripple, highlighted the $900 million GDP projection on X on Oct. 12. Accion Opportunity Fund (AOF), a nonprofit small business lender, published the underlying findings on Oct. 8.

Source: Bitcoin.com News

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