A recent tweet from crypto enthusiast GA Spark has reignited interest in a notable moment from 2018 when Ripple facilitated a $4 million donation in seconds.
The tweet stated: “Ever seen $4M move in just seconds? Watch the demo: Ripple donated $4,000,000 and transferred it in less than a second. That’s the power of #Ripple fast global settlement rewriting the rules of finance.”
Attached to the tweet was a video clip from The Ellen DeGeneres Show, featuring actor and investor Ashton Kutcher alongside his business partner Guy Oseary. During the segment, they announced a $4 million donation to DeGeneres’ wildlife charity, facilitated through Ripple.
Ever seen $4M move in just seconds? Watch the demo:
Ripple donated $4,000,000 and transferred it in less than a second. That's the power of #Ripple fast global settlement rewriting the rules of finance. #XRP #Crypto pic.twitter.com/FcEi76LOmH
— GA Spark •
(@XRP_Spark) February 20, 2025
The 2018 Demonstration of Instant Settlement
In the video, Kutcher explained that his investment firm, Sound Ventures, had been exploring financial technology companies and found Ripple particularly innovative.
He described Ripple as a platform enabling fast, secure, seamless money transfers between individuals and financial institutions. He also highlighted that Ripple operates with an ethical mission, including a commitment to philanthropy.
Kutcher recounted a conversation with DeGeneres where she expressed her passion for conservation efforts, particularly her work with gorillas. Recognizing an opportunity to support her cause, Kutcher and Oseary coordinated with Ripple executives, including Chris Larsen and Brad Garlinghouse, to arrange a significant donation.
What made this moment stand out was the execution. Instead of presenting a ceremonial check, Kutcher demonstrated how funds could be instantly transferred using Ripple’s technology. With the push of a button, the $4 million was sent to the Ellen DeGeneres Wildlife Fund in real-time, showcasing the speed and efficiency of Ripple’s payment system.
Why This Moment Is Still Relevant
The video clip and GA Spark’s tweet highlight an important aspect of Ripple’s technology—its ability to settle large transactions in seconds. Traditional financial systems, especially those involving international transfers, often require days to process transactions due to intermediary banks, compliance checks, and currency conversion delays.
Ripple’s technology, which utilizes XRP as a bridge asset in certain transactions, aims to solve these inefficiencies by enabling near-instant settlements with minimal fees.
Additionally, this moment underscores Ripple’s focus on practical use cases beyond speculation. Many discussions surrounding digital assets often focus on price movements and market trends. However, this demonstration explains how blockchain-based solutions can improve financial processes and benefit charitable causes.
Broader Implications for Financial Settlement
The crypto industry continues to evolve, with regulatory developments, institutional adoption, and technological advancements shaping the future of digital payments.
Ripple remains a key player, partnering with financial institutions to enhance cross-border payments. While debates over regulatory classification and market dynamics continue, moments like this serve as a reminder of blockchain’s potential to transform traditional finance.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
