{"id":913361,"date":"2026-06-17T10:12:16","date_gmt":"2026-06-17T15:12:16","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2026\/06\/17\/ripple-bets-on-africas-3-2b-payments-giant-to-push-rlusd-into-cross-border-commerce\/"},"modified":"2026-06-17T10:12:16","modified_gmt":"2026-06-17T15:12:16","slug":"ripple-bets-on-africas-3-2b-payments-giant-to-push-rlusd-into-cross-border-commerce","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2026\/06\/17\/ripple-bets-on-africas-3-2b-payments-giant-to-push-rlusd-into-cross-border-commerce\/","title":{"rendered":"Ripple Bets on Africa\u2019s $3.2B Payments Giant to Push RLUSD Into Cross-Border Commerce"},"content":{"rendered":"<p><strong>Ripple invested in Flutterwave to bring RLUSD into African business payments through a major cross-border network. The deal connects Ripple\u2019s dollar-backed  <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-are-stablecoins\/\" data-linkid=\"778626\" data-postid title=\"Learn about Stablecoins\" target=\"_blank\">stablecoin<\/a> with Flutterwave\u2019s $3.2 billion payments platform, targeting faster settlement, remittances, and commercial payment flows.<\/strong><\/p>\n<div>\n<div>\n<h2><span>Key Takeaways<\/span><\/h2>\n<ul>\n<li><span>Ripple will place RLUSD inside Flutterwave\u2019s payment network across African business corridors.<\/span><\/li>\n<li><span>Flutterwave\u2019s platform has processed more than $50 billion in transactions across major markets.<\/span><\/li>\n<li><span>Companies may expand stablecoin settlement through remittances, local payments, and faster clearing tools.<\/span><\/li>\n<\/ul>\n<\/div>\n<h2>Ripple Brings Its Dollar <span>Stablecoin<\/span> Into Flutterwave\u2019s Payment Network<\/h2>\n<p>Ripple is betting that <span>stablecoins<\/span> can become a bigger part of everyday business payments in Africa. The company made a strategic investment in Flutterwave, the $3.2 billion payments firm, in a deal that will integrate Ripple USD (RLUSD), its U.S. dollar-backed <span>stablecoin<\/span>, into one of the continent\u2019s largest payment networks.<\/p>\n<p>The company helps businesses accept, send, and settle payments through local cards, mobile wallets, bank transfers, and remittance channels. The investment came through Flutterwave\u2019s Series E round, giving Ripple a path to place RLUSD inside infrastructure already used for African cross-border commerce.<\/p>\n<p>Reece Merrick, Ripple\u2019s managing director for the Middle East and Africa (MEA), said on X:<\/p>\n<blockquote>\n<p>\u201cRLUSD embedded in Flutterwave\u2019s payment rails. XRPL for faster clearing. Ripple Payments bridging cross-border corridors across Africa \u2026 This is what <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-are-stablecoins\/\" target=\"_blank\" rel=\"noopener noreferrer\">stablecoin<\/a> infrastructure looks like in practice.\u201d<\/p>\n<\/blockquote>\n<p>Selected high- <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-trading-volume\/\" target=\"_blank\" rel=\"noopener noreferrer\">volume<\/a> payment rails and Send App remittance corridors will use RLUSD as a settlement asset. The companies also plan to use the <a href=\"https:\/\/www.binance.com\/en\/price\/xrp\" target=\"_blank\" rel=\"noopener noreferrer\">XRP<\/a> Ledger (XRPL) for faster clearing, while connecting Flutterwave\u2019s domestic network with Ripple Payments through a unified API.<\/p>\n<h2>Scale Gives Ripple a Direct Route Into African Commerce<\/h2>\n<p>An established payments network gives the partnership a commercial base. Flutterwave has raised more than $500 million, processed over 1 billion transactions worth more than $50 billion, and plans to connect Ripple\u2019s blockchain-based payments tools with local cards, mobile wallets, and bank transfers.<\/p>\n<p>Flutterwave said:<\/p>\n<blockquote>\n<p>\u201cBy embedding RLUSD into its core ecosystem, the company is finalizing a \u2018stablecoin-first\u2019 payment architecture that eliminates traditional bottlenecks.\u201d<\/p>\n<\/blockquote>\n<p>Nigeria holds a central place in the companies\u2019 rollout language. Flutterwave framed the country as a hub for digital asset trade, while the broader partnership targets companies dealing with slow settlement, fragmented payment routes, and high foreign exchange margins across borders.<\/p>\n<p>The investment gives Ripple access to businesses already moving money through African markets rather than requiring adoption of a separate network. That approach places RLUSD directly inside commercial payment flows, where <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-are-stablecoins\/\" target=\"_blank\" rel=\"noopener noreferrer\">stablecoins<\/a> face a growing test of their use in settlement and cross-border commerce.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/ripple-bets-on-africas-3-2b-payments-giant-to-push-rlusd-into-cross-border-commerce\/\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><br \/>\n Kevin Helms<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ripple invested in Flutterwave to bring RLUSD into African business payments through a major cross-border network. The deal connects Ripple\u2019s dollar-backed stablecoin with Flutterwave\u2019s $3.2 billion payments platform, targeting faster settlement, remittances, and commercial payment flows. Key Takeaways Ripple will place RLUSD inside Flutterwave\u2019s payment network across African business corridors. Flutterwave\u2019s platform has processed more<\/p>\n","protected":false},"author":1,"featured_media":913362,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30283,25213],"tags":[],"class_list":["post-913361","post","type-post","status-publish","format-standard","has-post-thumbnail","category-africas","category-ripple"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/913361","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=913361"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/913361\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/913362"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=913361"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=913361"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=913361"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}