Ripple Launches RLUSD Across Africa With Local Exchanges

RLUSD is also available on major exchanges like Bitso, Gemini, Kraken, and Uphold, giving institutions around the world easy access.

Ripple Launches RLUSD Across Africa With Local Exchanges

Ripple has introduced its USD-backed stablecoin (RLUSD) in Africa through new partnerships with Chipper Cash, VALR, and Yellow Card. The launch opens institutional access to the digital dollar across the continent.

Launched in late 2024, RLUSD has already topped $700 million in market value. It is issued by a New York trust company regulated by the NYDFS, giving it both compliance backing and institutional credibility. 

“RLUSD has quickly become established in enterprise financial use cases, from payments to tokenization 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,” said Jack McDonald, SVP of Stablecoins at Ripple. 

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