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Ripple invests in Flutterwave, integrating RLUSD stablecoin across 34 African markets.

Protocol Fundamentals
16 Jun 2026
Crypto Briefing
View Source
Bullish
pluang ai news

Ripple has invested in Nigerian fintech Flutterwave during its $3.2 billion Series E funding round, integrating Ripple’s RLUSD stablecoin and XRP Ledger into Flutterwave’s payment network spanning 34 African countries. This partnership enables faster, cheaper cross-border remittances by using RLUSD as a settlement asset, bypassing traditional correspondent banks. The move aims to reduce remittance fees and foreign exchange risks in Africa, while expanding blockchain payment infrastructure. Challenges include regulatory uncertainties and technical complexities in unifying diverse markets.

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