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Ripple’s RLUSD Challenges USDT’s Dominance in Africa


by Anisha Pandey
for CoinEdition
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 suppl…

The post Ripple’s RLUSD Challenges USDT’s Dominance in Africa appeared first on Coin Edition.

Read the article at CoinEdition

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XRP Ledger Payments Drop to 114 Million as Binance Reserves Surge by 670 Million

XRP Ledger Payments Drop to 114 Million as Binance Reserves Surge by 670 Million

The XRP Ledger (XRPL) processed just 114.07 million XRP in payments over the past 24 ...
Paxos, PayPal Partner on USDH V2 Proposal With $20M Incentives for Hyperliquid

Paxos, PayPal Partner on USDH V2 Proposal With $20M Incentives for Hyperliquid

Paxos has released an updated version of its USDH stablecoin proposal for the Hyperli...

Ripple’s RLUSD Challenges USDT’s Dominance in Africa


by Anisha Pandey
for CoinEdition
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 suppl…

The post Ripple’s RLUSD Challenges USDT’s Dominance in Africa appeared first on Coin Edition.

Read the article at CoinEdition

Read More

XRP Ledger Payments Drop to 114 Million as Binance Reserves Surge by 670 Million

XRP Ledger Payments Drop to 114 Million as Binance Reserves Surge by 670 Million

The XRP Ledger (XRPL) processed just 114.07 million XRP in payments over the past 24 ...
Paxos, PayPal Partner on USDH V2 Proposal With $20M Incentives for Hyperliquid

Paxos, PayPal Partner on USDH V2 Proposal With $20M Incentives for Hyperliquid

Paxos has released an updated version of its USDH stablecoin proposal for the Hyperli...