Ripple has announced the expansion of access to its RLUSD stablecoin in the African market thanks to cooperation with three major players at once — Chipper Cash, VALR and Yellow Card. This partnership opens up new opportunities for financial institutions and businesses on the continent, where demand for fast and affordable cross-border payments is growing.
The integration of RLUSD with local fintech platforms will allow companies and users in Africa to enjoy the benefits of a stable digital asset pegged to the US dollar. This step is especially relevant for regions with high volatility of national currencies and limited access to international settlements.
Chipper Cash, the largest African money transfer service, will ensure the massive distribution of RLUSD among private users. The VALR exchange will integrate the asset into its ecosystem for traders and institutional clients, and the Yellow Card platform will add the stablecoin to the range of settlement and savings tools.
Thus, Ripple strengthens its position in emerging markets, and African fintech gets a new tool to accelerate financial inclusion and expand access to the digital economy.
