Ripple expands RLUSD stablecoin into Africa to power cross-border payments

2025-9-4 11:38

Ripple has inked key collaborations to roll out its dollar-backed stablecoin across Africa. Chipper Cash, Yellow Card, and VALR will integrate RLUSD to support trading and payments. That signals increasing demand for regulated stablecoins in emerging markets.

Ripple has confirmed bringing its institutional-grade stablecoin, RLUSD, to Africa.

The blockchain company has collaborated with fintech platform Chipper Cash, payment provider Yellow Card, and Africa’s top crypto exchange VALR to expand Ripple USD access.

1/ The next chapter for $RLUSD starts in Africa.
→ https://t.co/6gRqrdNwSW

We're proud to bring our trusted, USD-backed stablecoin to the continent with new partners @chippercashapp, @VALRdotcom, and @YellowCard_App. 🌍

Together, we'll unlock new potential for cross-border…

— Ripple (@Ripple) September 4, 2025

The move marks a notable milestone in the continent as remittances, access to the US dollar, and cross-border payments play a vital role in Africa’s financial landscape.

RLUSD has recorded impressive growth since its late 2024 launch, with a market cap above $700 million.

Its new expansion into Africa reflects Ripple’s dedication to making it central in financial models of growing economies.

Commenting on the move, Ripple’s Stablecoin SVP Jack McDonald said:

RLUSD has quickly become established in enterprise financial use cases, from payments to tokenization to collateral in both crypto and traditional trading markets. We’re seeing demand for RLUSD from our customers and other key institutional players globally, and are excited to now begin distribution in Africa through our local partners.

Fueling RLUSD adoption with strategic alliances

The African move comes weeks after Ripple joined forces with SBI Group to fuel RLUSD in Japan.

Once more, the blockchain company has tapped key players within the African tech space to expand stablecoin utility on the continent.

Chipper Cash, which offers fintech solutions to millions in Africa, will add RLUSD to streamline payments.

The company is already working with Ripple to streamline global transactions, and integrating RLUSD cements that collaboration.

Chipper Cash co-founder and CEO Ham Serunjogi promises to make the stablecoin available to its users “as soon as possible,” adding:

RLUSD is uniquely positioned to drive institutional use of blockchain technology across Africa and broader global markets, including through cross-border payments.

On the other hand, Yellow Card and VALR will broaden RLUSD’s access. The former has established itself as a lucrative payment network for users, even introducing gas-free transactions in July.

Yellow Card CEO Chris Maurice trusts the stablecoin integration will satisfy the rising demand for digital assets that support secure cross-border transactions and treasury management.

The CEO of crypto exchange VALR commented:

The listing of RLUSD reflects our broader strategy to support trusted stablecoin options that serve the evolving needs of both institutional and retail clients seeking a reliable digital dollar for a growing range of use cases.

RLUSD’s social impact

Furthermore, Ripple is navigating using the stablecoin for humanitarian activities.

For instance, Kenya’s Mercy Corps Ventures is leveraging RLUSD to pilot climate insurance programs.

The stablecoin can serve as insurance against drought, with funds held in escrow and released if data indicates famine risks.

Another pilot focuses on rainfall, promising timely support during life-threatening weather conditions.

Such projects show how stablecoins can offer real-world solutions in emerging communities.

Africa is only part of Ripple’s international expansion goals.

The stablecoin is already accessible through exchanges like Gemini, Kraken, Mercado Bitcoin, Bullish, and Bitstamp.

The post Ripple expands RLUSD stablecoin into Africa to power cross-border payments appeared first on CoinJournal.

origin »

USDx stablecoin (USDX) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 1.62 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Доступно / Всего 0 USDX

payments africa ripple rlusd stablecoin trading support

payments africa → Результатов: 96


Ripple partners with Chipper Cash to boost crypto payments across Africa

Chipper Cash has five million customers in nine countries across Africa The partnership is aiming to deliver “faster, cheaper, more efficient cross-border payments” The news comes after the US Securities and Exchange Commission (SEC) will drop its appeal against Ripple Ripple is teaming up with payments provider Chipper Cash to support cross-border payments across Africa.

2025-3-28 23:58


National Bank of Egypt and LuLu International Exchange Connect Through RippleNet to Elevate Remittance Experience into Egypt

North Africa’s largest bank, National Bank of Egypt, joins RippleNet via LuLu International Exchange to process cross-border payments from the UAE to Egypt. The post National Bank of Egypt and LuLu International Exchange Connect Through RippleNet to Elevate Remittance Experience into Egypt appeared first on Ripple.

2021-5-20 09:00


Facebook Eyes a New Blockchain Policy Expert In Africa To Enable Crypto Payments With WhatsApp

While the whole work is looking at Facebook’s new project Libra, Facebook is looking at Sub-Saharan Africa. According to a recent job opening, the company is looking for a policy expert in Africa that could ensure that payments are made in the countries of the continent using WhatsApp. While the job posting does not mention […]

2019-9-6 22:54


“Larger Consumer Tipping Point is Coming,” Ripple’s VP of EU on XRP’s Use as a Bridge in Cross-Border Payments

Huge opportunity to capture the unbanked and underbanked, Jeremy Light XRP as a bridge currency will be a game changer RippleNet is now active in more than 40 countries across 6 continents — from Asia, Africa, North America, South America to Europe — reports international Association of Money Transfers Networks (IAMTN). A non profit organization, […]

2019-8-29 20:03


South African Orania Town Launches e-Ora Crypto to Preserve Culture, Facilitate Payments and Minimize Theft

Orania, also referred to as an Afrikaner town, found in South Africa has recently considered the likes of cryptocurrencies reports CCN. Said town is home to about 9,000 residents all of whom are White settlers with supposed, goals of wanting a better place for their children, establishing a healthy environment to raise their children and […]

2019-6-10 03:57


PundiX, DoshEX To Help Welcome South African Crypto Payments Scene With Native Retail Market

South Africa Set To Welcome Crypto-Assets To Its Native Retail Market Thanks To PundiX And DoshEX As things stand, there currently exist millions of individuals within South Africa who still do not have access to basic banking services or even a tangible financial network that can allow them to facilitate value transfers (using older technologies […]

2019-4-6 21:28


Standard Bank In South Africa Set To Leverage Blockchain Payments System And Connect Shyft App

South Africa’s Standard Bank Set To Launch Blockchain Technology-Powered Payments System In a bid to facilitate overseas foreign exchanges for its institutional clients in a super fast and cost-efficient manner, Standard Bank of South Africa is making active plans to launch own private permissioned distributed ledger technology (DLT) based payments system, reports Finextra on February […]

2019-3-1 23:55


Фото:

Starting From Scratch: Crypto Is Changing The Game In Africa

Imagine what you would do if every penny you owned became worthless.   That’s the subject of “Starting from Scratch,” a documentary short currently making the rounds on YouTube and Twitter. The seventeen-minute film follows the introduction of Kuvacash, a new crypto payments platform, to Zimbabwe, a country still reeling from hyperinflation and revolution.

2018-7-2 14:19