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Ripple Bets on Africa’s $3.2B Payments Giant to Push RLUSD Into Cross-Border Commerce

By bitcoin.com
Jun 17, 2026
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Key Takeaways:

Ripple will place RLUSD inside Flutterwave’s payment network across African business corridors.Flutterwave’s platform has processed more than $50 billion in transactions across major markets.Companies may expand stablecoin settlement through remittances, local payments, and faster clearing tools.
Ripple Brings Its Dollar Stablecoin Into Flutterwave’s Payment Network

The company helps businesses accept, send, and settle payments through local cards, mobile wallets, bank transfers, and remittance channels. The investment came through Flutterwave’s Series E round, giving Ripple a path to place RLUSD inside infrastructure already used for African cross-border commerce.

Reece Merrick, Ripple’s managing director for the Middle East and Africa (MEA), said on X:

Scale Gives Ripple a Direct Route Into African Commerce

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’s blockchain-based payments tools with local cards, mobile wallets, and bank transfers.

Flutterwave said:

“By embedding RLUSD into its core ecosystem, the company is finalizing a ‘stablecoin-first’ payment architecture that eliminates traditional bottlenecks.”

Nigeria holds a central place in the companies’ 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.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of BitKan. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. BitKan shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. Products mentioned in this article may not be available in your region.

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