Ripple donates $300,000 to disaster relief in Nepal and Tibet

San Francisco-based blockchain technology company Ripple will support World Central Kitchen and Mercy Corps, which provide food, clean water, and sanitation to those affected.

World Central Kitchen reported that its partner restaurants are already distributing food in the Rasuwa and Nuwakot districts of Nepal. Mercy Corps has been working in Nepal since 2005, focusing on disaster preparedness and early warning programs.

According to Reuters, by the morning of Sunday, August 30, the death toll had reached 750, with more than 3000 people still missing in Nepal and Tibet. These figures will change as rescuers arrive in isolated areas.

The Red Cross estimates that more than 90,000 people have been affected. Roads, bridges, energy infrastructure, and entire communities have been destroyed, limiting access to food, water, and emergency services.

Hundreds of workers were trapped in damaged hydroelectric tunnels. Nepal has requested international assistance to rescue people from the tunnels, conduct forensic examinations, DNA testing, and store the recovered bodies.

Scientists attributed the disaster to a glacier collapse on August 26, which released ice, rocks, mud, and debris into a mountain river system. The resulting torrent of water passed through populated areas on both sides of the Nepal-China border.

Chinese state media attributed the collapse to glacier instability related to gradual warming. Scientists continue to study the event, determining the precise contribution of climate change to the tragedy.

Ripple did not specify whether donations to Nepal and Tibet would be made in XRP , RLUSD , or another cryptocurrency. The precise figure remains $300,000.