Ripple Launches Blockchain Aid Project for Kenyan Pastoral Communities

Ripple has launched a pilot project aimed at providing timely and efficient aid to communities in Kenya affected by drought. The initiative, partnering with Mercy Corps Ventures and DIVA Donate, utilizes Ripple’s newly launched RLUSD stablecoin to deliver financial support to pastoralist families most impacted by the ongoing crisis. satellite data, smart contracts, and the use of a new stablecoin will provide a more efficient approach in this challenging situation.