Ripple Joins Initiative to Support Unemployed Veterans on US Independence Day
As the United States, the world’s most powerful economy and a leading global democracy, approaches its 250th Independence Day, various initiatives are surfacing to mark the occasion. Among them is a new commitment from Ripple, the company behind the popular XRP altcoin.
Ripple has announced its participation in a nonprofit organization dedicated to helping unemployed veterans secure high-quality jobs following their military service. The organization, known as the Call of Duty Endowment, has already assisted over 165,000 veterans. However, it highlights a persistent high unemployment rate among younger veterans, indicating that “there’s still more work to do.”
The Call of Duty Endowment aims to place 200,000 veterans into employment by 2030. Ripple’s involvement is part of a special initiative for the US’s 250th birthday, dubbed #Giving4th, which seeks to establish Independence Day as a national day of charitable giving. Ripple has pledged to match donations made to the Call of Duty Endowment, up to a total of $10,000.
Individuals wishing to contribute can do so through various means, including cash, stock, or cryptocurrencies. Notably, Ripple’s own native tokens, XRP and RLUSD, are also accepted for donations.
The Fourth of July, celebrated annually on July 4th, commemorates the adoption of the Declaration of Independence in 1776 and is a federal holiday in the United States.
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