- Ripple partners with Chipper Cash, VALR, and Yellow Card to expand RLUSD across Africa’s growing payments market.
- RLUSD gains traction in Europe, Asia, and Africa as Ripple builds global stablecoin adoption through enterprise partnerships.
Ripple has rolled out its U.S. dollar–backed stablecoin RLUSD to new users in Africa. The expansion is being carried out through partnerships with Chipper Cash, VALR, and Yellow Card. The company says the move will help businesses and financial institutions cut costs and improve compliance in payments, remittances, and treasury operations.
Launched in late 2024, the RLUSD is today worth more than $700 million in the market. Its regulatory compliance and enterprise-grade functionality make it attractive to the financial firms and exchanges that desire digital assets perceived to be predictable and with a high level of stability.
Partnerships With African Fintech Leaders
Ripple’s Senior Vice President of Stablecoins, Jack McDonald, said demand for RLUSD is growing across multiple financial use cases.
“We’re seeing strong adoption for RLUSD in payments, tokenization, and collateralized trading,” he said. “Expanding into Africa with local partners helps us meet the needs of one of the fastest-growing regions for digital payments.”
Chipper Cash confirmed it will integrate RLUSD into its platform. CEO Ham Serunjogi said the stablecoin would be used to speed up and reduce the cost of cross-border payments for millions of users across the continent.
VALR, Africa’s largest crypto exchange, also announced its support. Co-founder Farzam Ehsani stressed the importance of listing assets that comply with regulations and serve institutional demand. Yellow Card added that customers are increasingly asking for stable options in international payments. CEO Chris Maurice said,
“Our customers demand access to stable digital assets that are useful for secure cross-border payments and treasury management. Offering a regulatory-compliant stablecoin like RLUSD is a natural step in our mission to deliver trusted, enterprise-grade solutions.”
Additionally, the African rollout adds to Ripple’s wider push into global markets. Earlier this year, RLUSD was launched in Europe under the EU’s MiCA framework through Luxembourg. In Asia, Ripple introduced the stablecoin in Japan in partnership with SBI Holdings and minted an extra $24 million to expand supply.
Ripple is also testing RLUSD in real-world use cases. In Kenya, Mercy Corps Ventures is using the stablecoin in a pilot for drought and rainfall insurance. Smart contracts release payouts automatically based on satellite data. As we reported, RLUSD has also been added to Aave’s Horizon platform, allowing it to be used as collateral in open finance.
Stablecoins and the Future of Digital Finance
Ripple aims to position RLUSD as a tool for linking regional markets with global liquidity. With support from African fintech firms and exchanges, the stablecoin is expected to be used in both institutional and consumer payments.
Meanwhile, the company has said tokenized assets could make up 10% of global assets by 2030. That expectation is driving banks and enterprises to adopt infrastructure that can handle both compliance and digital custody.
By expanding RLUSD into Africa, Ripple continues its effort to make the stablecoin a trusted option for payments, finance, and decentralized applications across international markets.
