According to CoinMeta, Ripple announced on October 29th an expansion of its partnership with Water Org, utilizing their payment services, stablecoin RLUSD, and digital asset custody services to enhance capital flow efficiency in emerging markets. The payment infrastructure of Ripple has helped Water Org provide safe water or sanitation facilities financing for over 1 million people in Latin America. Ripple Payments has transferred over $3.2 million across four markets, reducing settlement times from two to three days in Mexico and Brazil to the same day, with transaction fees reduced by up to 66%. Ripple has committed to providing $6 million to Water Org over three years and will allocate $1.25 million to Water Org through a stablecoin impact fund. RLUSD will use this funding to expand stablecoin-backed loan issuance in Indonesia, the Philippines, and Uganda.