From Pilot to Powerplay: Ripple’s RLUSD Sparks $710M Shakeup as it Roars in Africa

Ripple’s RLUSD Stablecoin Surges Past $710 Million in Value, On-Chain Data Shows Ripple’s RLUSD stablecoin has officially crossed a major milestone, surpassing $711 million in value, according to fresh data from on-chain metrics provider ￰0￱ achievement underscores the accelerating demand for tokenized stable assets and marks a pivotal moment in Ripple’s broader strategy to expand its influence within the global digital payments landscape. RLUSD, Ripple’s U. S. dollar–backed stablecoin, has gained significant traction since its ￰1￱ launched to provide institutional-grade liquidity for cross-border settlements, the asset is increasingly being recognized as a reliable alternative to existing ￰2￱ $711 million valuation reflects both heightened institutional adoption and growing retail interest, particularly in regions where Ripple has forged strategic partnerships with fintech firms and payment providers.

Ripple’s strategy of bridging traditional finance with blockchain has fueled RLUSD’s ￰3￱ most stablecoins confined to decentralized finance (DeFi), RLUSD is built to integrate with Ripple’s On-Demand Liquidity (ODL), giving banks, payment processors, and enterprises instant, cost-efficient, and regulatory-compliant cross-border settlement ￰4￱ highlight that RLUSD surpassing $711 million is more than symbolic, it underscores shifting market ￰5￱ remain one of crypto’s fastest-growing asset classes, functioning as both value stores and exchange mediums. Therefore, this milestone strengthens RLUSD’s position as a challenger to USDT and USDC, especially across corridors already powered by Ripple’s ￰6￱ Access to Ripple’s RLUSD Stablecoin Goes Live in Africa Ripple has expanded its global reach by introducing institutional access to its U.

S. dollar-backed stablecoin, RLUSD, in ￰7￱ partnerships with leading African fintechs Chipper Cash, VALR, and Yellow Card, the move marks a pivotal milestone for digital asset adoption across the continent. Ripple’s stablecoin, pegged 1:1 to the U. S.

dollar, has rapidly gained traction since its launch, positioning itself as a reliable settlement vehicle for cross-border payments and institutional finance. Africa, with its fast-growing fintech ecosystem and high demand for affordable remittances, is emerging as an ideal testing ground for Ripple’s stablecoin ￰8￱ partnership leverages the unique strengths of each player: Chipper Cash, Africa’s leading payments company, powers cross-border transfers for millions across 20+ countries; VALR, South Africa’s top crypto exchange, provides deep liquidity and institutional-grade trading access; and Yellow Card, the continent’s largest crypto exchange by reach, expands RLUSD into 16 markets with broad accessibility and regulatory ￰9￱ institutions operating in Africa, ranging from banks to remittance providers, the integration of RLUSD offers immediate ￰10￱ like RLUSD reduce volatility risks tied to local currencies, streamline settlement processes, and lower transaction ￰11￱ is particularly important in Africa, where traditional payment rails are often slow and expensive, making it difficult for businesses and individuals to move money efficiently.

Ripple’s move taps into Africa’s surging crypto adoption, fueled by young, tech-savvy populations and the demand for alternatives to inflation-prone ￰12￱ rolling out RLUSD through regulated partners, Ripple positions itself as both compliant and scalable in tackling the region’s financial ￰13￱ Ripple’s decision to extend RLUSD into Africa through Chipper Cash, VALR, and Yellow Card represents more than just a strategic expansion, it’s a bold step toward solving real financial challenges on the ￰14￱ combining stability, speed, and institutional-grade accessibility, RLUSD has the potential to redefine cross-border payments, boost financial inclusion, and unlock new growth opportunities in Africa’s digital ￰15￱ the other hand, the $700 million milestone cements RLUSD’s status as one of the fastest-growing stablecoins on the market, and a cornerstone in Ripple’s push to redefine digital value transfer worldwide.