Ripple’s USD-backed stablecoin launched in Africa
08 September 2025 Africa
Image: BZXO/adobe.stock.com
Ripple has introduced its enterprise-grade, USD-backed stablecoin, Ripple USD (RLUSD), to organisations in Africa through three new partnerships with Chipper Cash, VALR and Yellow Card.
In addition to this RLUSD launch Ripple’s stablecoin is also being used to support extreme weather event relief pilot projects run by Mercy Corps Ventures in Kenya.
RLUSD is accessible to the three new African partners in addition to being available through Bitso, Bitstamp, Bullstamp, Bullish, CoinMENA, Independent Reserve, Gemini, Kraken, LMAX, Mercado Bitcoin and Uphold.
Jack McDonald, senior vice president of stablecoins at Ripple, says: “RLUSD has quickly become established in enterprise financial use cases, from payments to tokenisation to collateral in both crypto and traditional trading markets.
“We’re seeing demand for RLUSD from our customers and other key institutional players globally and are excited to now begin distribution in Africa through our local partners.”
Chris Maurice, CEO and co-founder at Yellow Card, adds: “This listing reinforces our commitment to providing the most reliable and compliant payment infrastructure across Africa and the emerging markets.
“Our customers demand access to stable digital assets that are useful for secure cross-border payments and treasury management. Offering a regulatory-compliant stablecoin like RLUSD is a natural step in our mission to deliver trusted, enterprise-grade solutions.”
In addition to this RLUSD launch Ripple’s stablecoin is also being used to support extreme weather event relief pilot projects run by Mercy Corps Ventures in Kenya.
RLUSD is accessible to the three new African partners in addition to being available through Bitso, Bitstamp, Bullstamp, Bullish, CoinMENA, Independent Reserve, Gemini, Kraken, LMAX, Mercado Bitcoin and Uphold.
Jack McDonald, senior vice president of stablecoins at Ripple, says: “RLUSD has quickly become established in enterprise financial use cases, from payments to tokenisation to collateral in both crypto and traditional trading markets.
“We’re seeing demand for RLUSD from our customers and other key institutional players globally and are excited to now begin distribution in Africa through our local partners.”
Chris Maurice, CEO and co-founder at Yellow Card, adds: “This listing reinforces our commitment to providing the most reliable and compliant payment infrastructure across Africa and the emerging markets.
“Our customers demand access to stable digital assets that are useful for secure cross-border payments and treasury management. Offering a regulatory-compliant stablecoin like RLUSD is a natural step in our mission to deliver trusted, enterprise-grade solutions.”
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