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- Ripple’s RLUSD enters Africa via partnerships with Chipper Cash, VALR, and Yellow Card.
- The stablecoin supports enterprise-grade cross-border payments and DeFi integration.
- RLUSD is part of Ripple’s global strategy, already launched in Japan and Europe.
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Ripple has announced plans to introduce its U.S. dollar–backed stablecoin, RLUSD, to financial institutions and enterprises across Africa. Partnering with leading fintech and crypto platforms Chipper Cash, VALR, and Yellow Card, Ripple aims to offer compliant, enterprise-grade digital solutions tailored to the continent’s fast-growing market for digital payments. Since its late 2024 launch, RLUSD has achieved a market valuation exceeding $700 million, reflecting strong adoption in payments, tokenization, and collateralized trading.
Jack McDonald, Ripple’s Senior Vice President of Stablecoins, emphasized that the expansion meets rising demand for reliable, regulated stablecoins in global markets. “Expanding into Africa with local partners helps us meet the needs of one of the fastest-growing regions for digital payments,” he said, highlighting RLUSD’s role in secure and cost-efficient transactions.
Local Partnerships Drive Adoption
Chipper Cash CEO Ham Serunjogi noted that RLUSD would accelerate cross-border payments across Africa, providing a faster and cheaper alternative to traditional banking methods. VALR co-founder Farzam Ehsani stressed the importance of listing compliant digital assets to protect institutional and retail investors, while Yellow Card CEO Chris Maurice highlighted the stablecoin’s value for treasury management and international payments. Through these partnerships, RLUSD is positioned as a bridge between regional markets and global liquidity.
Also Read: XRP Price Forecast 2040: Can Ripple’s Token Really Reach $500 or Even $2,406?
Global Rollout Continues
Ripple’s African launch follows successful introductions in Japan and Europe, including minting an additional $24 million of RLUSD to strengthen its global supply. The coin is also being piloted for climate-related risk management in Kenya, where Mercy Corps Ventures uses RLUSD to provide automated drought and rainfall insurance via smart contracts. Furthermore, integration with Aave’s Horizon platform allows RLUSD to serve as collateral in DeFi markets, enhancing institutional and retail access to liquidity.
RLUSD as a Global Stablecoin Solution
By expanding into Africa, Ripple continues to solidify RLUSD as a trusted, compliant stablecoin for enterprise and DeFi use. The launch not only facilitates secure cross-border payments but also strengthens the coin’s position as a versatile tool for global financial inclusion.
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Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses
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