Ripple Invests in Africa: $700M Stablecoin Rollout Boosts Institutional & Humanitarian Impact

Ripple is significantly expanding its footprint in Africa with a new stablecoin program, poised to transform financial infrastructure and humanitarian aid. The initiative leverages partnerships with fintech giants like Chipper Cash, VALR, and Yellow Card to offer Ripple USD (RLUSD), a regulated, dollar-backed stablecoin for businesses and institutions across the continent. This strategic rollout aims to bridge gaps in banking infrastructure and provide reliable payment mechanisms in regions where access to traditional financial systems is limited.