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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
Ripple deploys RLUSD in Kenya: A Beacon of Hope for Drought-Stricken Herders
Ripple has boldly launched a humanitarian pilot project in northern Kenya that could be a game-changer in the fight against extreme drought. In collaboration with the Diva Campaign, the company introduced an innovative drought insurance system based on blockchain and the RLUSD stablecoin. This forward-thinking approach protected 517 pastoralists, 70% of whom were women, highlighting a strong commitment to gender equality and inclusion.
🌿 Satellite Data as a Guarantee of Protection Instead of relying on traditional and often slow claims processes, Ripple uses advanced satellite imagery to monitor vegetation health in the Laikipia North region. If signs of drought are detected, the insurance is triggered. Fortunately, during the pilot phase, vegetation conditions remained favorable, and no payouts were needed. But the key outcome was peace of mind – the community knew support was there if needed.
💡 Blockchain Serving Humanitarian Aid RLUSD and Ethereum were used to cover potential losses and provide financial support. This proves that digital currencies and blockchain are not just technological trends, but tools with a real-world impact on the lives of vulnerable communities. Ripple commented on the project: "The Ripple Impact drought insurance pilot in Kenya was successfully completed, with 517 pastoralists (70% women) insured using RLUSD."
🌍 A Vision for the Future As Kenya enters another high-risk drought period (October–December 2025), the coverage remains active and ready. This model can serve as a blueprint for other climate-vulnerable regions across Africa and globally. By combining digital assets, satellite monitoring, and humanitarian outreach, Ripple has created a scalable and effective solution that can shield entire communities from climate disasters.
#Ripple , #blockchain , #RLUSD , #DigitalAssets , #CryptoCommunity
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