Ripple Labs Inc, known for its cross-border payment processing using On-Demand Liquidity, has invested $25 million in NGOs to promote financial inclusion globally. This is part of the company's Ripple Impact Initiative, which has donated a total of $170 million since 2018 towards areas such as blockchain research, sustainability, employee impact, and philanthropy.
Despite facing a lawsuit with the United States Securities and Exchange Commission (SEC), Ripple remains committed to its giving back initiative. The company partners with over 50 universities and has 78% of its staff involved in volunteering and giving back.
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