Strategic case for investing in Ripple's RLUSD as a catalyst for financial inclusion and institutional development in Africa
Source: CoinWorld
Time: 2025-09-08 20:23:26
Ripple's dollar-backed stablecoin RLUSD has a market cap of $700 million in Africa and has partnered with fintech companies Chipper Cash, VALR and Yellow Card to facilitate cross-border payments, tokenization and collateral management. The stablecoin is also piloting in Kenya’s climate adaptation program, such as automatic payment of drought insurance through smart contracts. Regulatory compliance and full dollar support have enhanced its institutional appeal and plans to expand in Japan and Dubai.