Ripple Joins Hands With Elon Musk’s SpaceX Partner In XRP Project

Ripple, the payments company behind the crypto token XRP, has joined hands with Jared Isaacman, Elon Musk’s partner at SpaceX.
By Anvesh Reddy
1 day ago Updated 19 hours ago
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XRP ripple crypto news

In a surprising development, Ripple, the payments company behind the crypto token XRP, has joined hands with Jared Isaacman, who is Elon Musk’s partner at SpaceX. The billionaire founder and chief executive officer of payments processing company Shift 4 flew to the Earth orbit on SpaceX’s Crew Dragon capsule in 2021. In a latest development, Ripple had officially announced it was working on a donations project in collaboration with Isaacman.

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XRP Donations Along With SpaceX Partner

Ripple had officially announced it was joining Isaacman in the XRP and crypto donations project for the Maui Emergency Response Fund. Accordingly, XRP has been added as one of the crypto donations options to charities on The Giving Block, a crypto donation solution provider. The company said,

“Ripple will be joining Shift4 CEO Jared Isaacman and the next $50K USD in any crypto donations made to the Maui Relief Fund will be matched 200%.”

The partnership involves Donation Matching, which means one party matches the contribution of another party. In this case, Ripple had pledged to match along with Isaacman in contributing double the crypto donations received upto $50,000.

More To Come Between Jared Isaacman and Ripple?

Although the collaboration is no concrete signal of the SpaceX partner’s close links with Ripple, it remains to be seen if there is more to be uncovered. Elon Musk is popularly known for his tweets on Dogecoin and during the bull run in 2021, his tweets had a major impact on the crypto market. SpaceX and Tesla had added the Dogecoin payment option on their websites for sale of company merchandise.

Meanwhile, the XRP price continues to be on the sideways path after having declined to pre-Summary Judgment levels.

Also Read: Blackrock Bitcoin Spot ETF Could Unlock $30 Trillion: Bloomberg Analyst

Anvesh reports major crypto updates around regulation, lawsuits and trading trends. Published around 1,000 articles and counting on crypto and web 3.0. He is currently based in Hyderabad, India. Reach out to him at anvesh@coingape.com or twitter.com/BitcoinReddy
The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

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