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WorldTimes of India

Matt Damon's Water.org reaches 1 million people in Latin America through Ripple partnership

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Matt Damon's Water.org reaches 1 million people in Latin America through Ripple partnership

In 2009, Matt Damon co-founded Water.org with Gary White to tackle the global water crisis through practical, market-driven solutions.

By October 2026, the organisation’s partnership with Ripple had helped reach more than 1 million people with access to safe water or sanitation financing across Latin America, while cutting transaction fees by up to 66 percent, according to a Ripple press release.The collaboration, which began more than a year ago, now uses Ripple’s payments, stablecoin and digital asset custody infrastructure to move funding faster and more cheaply across emerging markets.

Ripple has committed $6 million over three years to support Water.org’s WaterCredit model, which helps families access affordable loans for taps, toilets and piped water connections.What Water.org doesWater.org is a global nonprofit that has positively transformed more than 95 million lives through access to safe water and sanitation.