Ripple Launches RLUSD in Africa: A New Era for Cross-Border Payments

Ripple has officially launched its USD-backed stablecoin, Ripple USD (RLUSD), in Africa through strategic partnerships with Chipper Cash, VALR, and Yellow Card. This move marks a significant expansion of access to reliable, enterprise-grade stablecoins across the continent, following RLUSD’s rapid global adoption since launch in late 2024. The stablecoin has already exceeded $700 million in market capitalization and is backed by cash and cash equivalents under New York regulatory oversight, ensuring compliance and transparency.