Ripple and RedotPay Partner to Boost RLUSD Adoption in Cross-Border Payments

Ripple Labs has partnered with RedotPay to broaden the use of its Ripple USD stablecoin (RLUSD), focusing on faster, cheaper international money transfers. This collaboration introduces a new feature called ‘Send Crypto, Receive NGN,’ allowing users to send XRP or other supported cryptocurrencies and automatically convert them to Nigerian Naira (NGN). This move aims to address high fees and lengthy wait times associated with traditional cross-border payments.