Ripple Invests In Africa’s Largest Payments Company: What Does It Mean For XRP?
Ripple invested in Flutterwave’s Series E round on Monday, embedding RLUSD and the XRP Ledger into Africa’s largest payments infrastructure as XRP (CRYPTO: XRP) pulls back after yesterday’s 9% breakout.
Ripple Embeds RLUSD Into Flutterwave’s Payment Rails Across Africa
Flutterwave processes over one billion transactions worth more than $50 billion and operates across Africa, with Nigeria as its primary hub.
The Series E round values the company at $3.2 billion, and Ripple’s strategic investment brings three specific integrations to the platform.
RLUSD becomes a primary settlement asset embedded directly into Flutterwave’s payment rails and Send App remittance corridors.
The XRP Ledger handles faster transaction clearing. A unified API bridges Flutterwave’s domestic network with Ripple Payments, connecting local cards, mobile wallets, and bank transfers to Ripple’s global payments infrastructure.
“Our investment will …
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