Ripple Expands $700M RLUSD Stablecoin to Africa, Testing Insurance for Extreme Weather
The Global payments business Ripple is team up with fintech companies Chipper Cash, VALR and Yellow Card to introduce its stablecoin...
Quick overview
- Ripple is partnering with Chipper Cash, VALR, and Yellow Card to launch Ripple USD (RLUSD), a US dollar-backed stablecoin aimed at enhancing cross-border payments in Africa.
- RLUSD is designed for enterprise users, providing reliable solutions for treasury operations and tokenized asset trading, distinguishing it from consumer-focused alternatives.
- The stablecoin is being tested in climate risk insurance pilots in Kenya, offering automated payments based on weather conditions to support farmers affected by climate change.
- Ripple's expansion into Africa reflects a broader trend towards stablecoins, which are seen as a faster and more cost-effective alternative to traditional financial systems.
The Global payments business Ripple is team up with fintech companies Chipper Cash, VALR and Yellow Card to introduce its stablecoin, Ripple USD (RLUSD), backed by the US dollar to Africa. In order to help cross-border payments, liquidity management and tokenized asset trading the change targets to give African firms and institutions access to a trustworthy digital dollar.
1/ The next chapter for $RLUSD starts in Africa.
→ https://t.co/6gRqrdNwSWWe're proud to bring our trusted, USD-backed stablecoin to the continent with new partners @chippercashapp, @VALRdotcom, and @YellowCard_App. 🌍
Together, we'll unlock new potential for cross-border…
— Ripple (@Ripple) September 4, 2025
Africa’s Expanding Stablecoin Market
As a result of the high cost and unreliability of traditional banking services, stablecoins are achieving popularity in developing regions like Africa. A lot of people already save and send money using digital currencies like Tether (USDT). A planned alternative is provided by RLUSD, which is important for organizations that handle large sums of money and needs confidence.
Ripple highlighted the RLUSD can help treasury operations, payments and security for trading tokenized assets such as equities and commodities. In contrast to consumer-focused replacements, Ripple is presenting RLUSD as a professional-grade stablecoin by focusing on enterprise users.
🔥 JUST IN: Ripple’s $RLUSD stablecoin is now available to institutions across Africa pic.twitter.com/bp1Zdp4WlV
— Crypto Briefing (@Crypto_Briefing) September 4, 2025
Climate Risk Insurance with RLUSD
The Ventures of Mercy Corps is testing RLUSD in climate risk insurance pilots in Kenya in addition to payments. These apps automatically make payments when specific weather conditions are identified using smart contracts and blockchain technology.
In one trial, farmers get instant access to funding when satellite data shows drought conditions, as RLUSD is issued.
The Heavy Rainfall insurance is another policy that pays money if crops are damaged by severe weather.
This inspired use of stablecoins could lessen the delays and costs related to standard insurance models while offering communities affected by climate change more transparent and speed up compensation.
The Works of RLUSD
The New York trust firm governed by the state’s Department of Financial Services is issuing RLUSD, which was introduced in late 2024. RWA data shows that it has a supply of over $700 million and is available on both Ethereum and the XRP Ledger .xyz. Furthermore RLUSD is listed on famous exchanges like Bitstamp, Kraken and Gemini which increases its accessibility.
According to Chipper Cash CEO Ham Serunjogi the RLUSD will support institutions throughout Africa in using blockchain technology. Chris Maurice the CEO of Yellow Card stressed that companies want strong and dependable settlement alternatives for payments and treasury services. Whereas Farzam Ehsani of VALR noted the growing needs for premium digital assets.
The Longer Term: Growing Stablecoins
The growth of Ripple into Africa is part of a larger global trend. More and more people believe that stablecoins offer a quicker, less expensive and safer option than conventional financial systems. According to Brad Garlinghouse CEO of Ripple the first federal stablecoin bill was signed into law by U.S. President Donald Trump in July 2025 marking an important day in the development of global banking.
As the experts said that the stablecoin market may soon reach $2 trillion in value up from its current $250 billion market capitalization. Stablecoins have also been investigated by businesses like Western Union to modernize remittances, demonstrating that acceptance is expanding beyond crypto-native companies.
Final words
The growth of Ripple’s RLUSD goes beyond payments to add the development of practical applications such as climate resilience and corporate financing. In Africa and beyond Ripple is launching RLUSD as an honest digital currency by giving them a regulated, enterprise-focused stablecoin. This is also bringing stablecoins closer to being widely accepted globally.
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