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 of payments processing company Shift 4, flew to the Earth orbit on SpaceX’s Crew Dragon capsule in 2021. In the latest development, Ripple had officially announced it was working on a donations project in collaboration with Isaacman.
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 donation options to charities on The Giving Block, a crypto donation solution provider.
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 up to $50,000.
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 have added the Dogecoin payment option on their websites for the sale of company merchandise.