Ripple Expands RLUSD Stablecoin into Africa

Ripple is introducing its U. S. dollar-backed stablecoin, RLUSD, to African markets through strategic fintech collaborations and humanitarian ￰0￱ a tweet early today, Ripple announced that its RLUSD is now entering African ￰1￱ launch is made possible through three major fintech partners: Chipper Cash, VALR, and Yellow ￰2￱ platform has a strong footprint in the region and brings direct access to millions of ￰3￱ executives say the move is part of a broader plan to make RLUSD a trusted option for institutional clients ￰4￱ Growth Since LaunchRLUSD debuted in late 2024 and has seen steady adoption across global financial ￰5￱ to DefiLlama, the token’s market capitalization has grown to $709.95 million as of ￰6￱ says this growth reflects strong demand from banks, exchanges, and payment providers that need a compliant and stable asset for digital ￰7￱ Innovation in KenyaRipple is also highlighting humanitarian use ￰8￱ Kenya, RLUSD is powering pilot projects designed by Mercy Corps ￰9￱ include blockchain-based insurance products that help communities manage drought and rainfall ￰10￱ programs highlight how digital assets contribute to climate resilience in areas often struck by extreme ￰11￱ says Africa provides an ideal testing ground for these innovations due to its large unbanked population and pressing economic ￰12￱ a Global NetworkRipple continues to expand RLUSD distribution ￰13￱ stablecoin is now accessible through major global exchanges, including Gemini, Kraken, Bitso, Bitstamp, Bullish, LMAX, Uphold, Mercado Bitcoin, Independent Reserve, and ￰14￱ growing network enables institutions worldwide to access RLUSD for payments, settlement, and collateral ￰15￱ company positions RLUSD as both a financial tool and a technological bridge between traditional banking and blockchain ￰16￱ in a Crowded Stablecoin MarketAfrica already has widespread stablecoin adoption, with USDT commonly used for remittances and savings.

However, RLUSD is being promoted as a regulated alternative , designed for institutional needs and compliant with strict global ￰17￱ argues that compliance features will differentiate RLUSD in regions where trust and security are major ￰18￱ Activity Shows MomentumOn-chain activity shows that RLUSD is gaining traction, but it remains far behind market ￰19￱ from Artemis reveals that monthly transaction volumes rose from $119.6 million in July to $193.9 million in ￰20￱ comparison, established stablecoins on Ethereum and Tron handle billions in transactions each ￰21￱ acknowledges the gap but sees strong growth potential as institutions adopt ￰22￱ InsightsRipple executives emphasize that RLUSD has already proved its value in enterprise use ￰23￱ McDonald, SVP of Stablecoins at Ripple, said demand continues to grow across payments, tokenization, and collateral markets.

Meanwhile, Ham Serunjogi, CEO of Chipper Cash, said RLUSD is “uniquely positioned to accelerate institutional blockchain adoption across Africa and beyond.”Both leaders emphasized that regulated stablecoins can play a decisive role in expanding financial access while strengthening global trade networks.