Ripple's Major Africa Push With Its RLUSD Stablecoin

Ripple’s RLUSD Challenges USDT’s Dominance in Africa

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Ripple is expanding its $700M RLUSD stablecoin into the African market through major fintech partnerships.
  • Ripple has expanded RLUSD stablecoin to Africa with Chipper Cash, VALR, and Yellow Card.
  • RLUSD supply has surpassed $700 million across Ethereum and XRP Ledger.
  • RLUSD offers a regulated stablecoin alternative to USDT for institutions.

Ripple is extending the reach of its US dollar-backed stablecoin, Ripple USD (RLUSD), into Africa through new partnerships with fintech platforms Chipper Cash, VALR, and Yellow Card. The move gives institutions and businesses across the continent access to a regulated, high-quality digital dollar for payments, liquidity, and on-chain settlement.

RLUSD – Regulated Alternative for the Booming African Market

Launched in late 2024, RLUSD is issued by a New York trust company regulated by the state’s Department of Financial Services.

According to RWA.xyz data, the token has grown to more than $700 million in supply across Ethereum and the XRP Ledger.

Related: Bill Morgan Sets Standard Response to XRP Role as Ripple Expands Its Partnerships

Why is a regulated stablecoin as RLUSD a boon for Africa?

In many parts of Africa, residents and businesses already rely on digital dollars like USDT for savings and cross-border transfers due to limited access to reliable local currencies. RLUSD’s African rollout brings in a regulated and transparent alternative designed specifically for institutional and enterprise use cases.

RLUSD’s Use Case: Climate Insurance in Kenya

Ripple is also working with Mercy Corps Ventures on pilots in Kenya that use RLUSD for climate risk insurance.

How is RLUSD being used for weather insurance?

In partnership with Mercy Corps Ventures, Ripple is trialing climate risk insurance programs in Kenya. In one pilot, RLUSD funds are released automatically to farmers when satellite data signals drought conditions. Another initiative supports rainfall insurance, with payouts triggered by extreme weather, showcasing a powerful new model for on-chain, humanitarian aid.

Partners Praise RLUSD

Chipper Cash CEO Ham Serunjogi said RLUSD could help drive institutional adoption of blockchain technology in Africa, while VALR CEO Farzam Ehsani pointed to growing demand for high-quality digital assets. 

Yellow Card’s Chris Maurice highlighted the role of stablecoins in streamlining cross-border payments and treasury operations.

Related: Ripple and Thunes Partner to Bring Blockchain Rails for the Global Remittance Market

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.


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