Ripple joined Flutterwave\u2019s Series E round to support RLUSD expansion.RLUSD integration targets faster settlements and improved cross-border payments.Flutterwave plans broader digital asset connectivity across African\u00a0markets.<\/p>\n
Ripple has joined Flutterwave\u2019s Series E funding round as the African payments company accelerates plans to expand RLUSD-powered payment services across the continent. According to a press release on Tuesday<\/a>, Ripple\u2019s stablecoin infrastructure and Flutterwave\u2019s extensive payment network are creating new opportunities for faster cross-border settlements and digital asset adoption in\u00a0Africa.<\/p>\n The partnership will integrate Ripple\u2019s RLUSD stablecoin<\/a>, Ripple Payments network, and the XRP Ledger into Flutterwave\u2019s ecosystem. Consequently, businesses using Flutterwave\u2019s services could gain access to more efficient settlement options for international transactions.<\/p>\n Flutterwave<\/a> disclosed that the Series E round values the company at $3.2 billion. Moreover, the investment reflects growing institutional confidence in stablecoin-based payment infrastructure as demand for faster global transfers continues to increase.<\/p>\n Also Read: <\/strong>CryptoQuant Analyst Flags 2,373 BTC Move From Long-Inactive Whale<\/a><\/p>\n A major objective of the partnership is to expand the use of RLUSD<\/a> across Flutterwave\u2019s payment rails and Send App remittance corridors. As a result, the stablecoin is expected to play a larger role in facilitating settlements between African businesses and global\u00a0markets.<\/p>\n In addition, Flutterwave plans to leverage the XRP Ledger<\/a> for transaction clearing while connecting its domestic payment network with Ripple Payments through a unified API. This structure is designed to improve liquidity access and reduce delays commonly associated with traditional cross-border transactions.<\/p>\n According to Reece Merrick<\/a>, Managing Director for the Middle East and Africa at Ripple, Flutterwave has built one of the region\u2019s most advanced payment infrastructures. He said Ripple\u2019s investment will help establish RLUSD within that ecosystem while supporting stablecoin transactions through the XRP\u00a0Ledger.<\/p>\n The collaboration also seeks to address challenges that continue to affect international payments across Africa. Businesses often face settlement delays, multiple intermediaries, and higher transaction costs. However, both companies believe stablecoin-powered infrastructure can improve efficiency while delivering more predictable transaction outcomes.<\/p>\n Flutterwave Founder and Chief Executive Officer Olugbenga Agboola described the investment as an important step in the company\u2019s growth strategy. He said, \u201cThis investment marks a pivotal moment in our journey, enabling us to significantly scale our infrastructure and expand our stablecoin-enabled payments roadmap.\u201d<\/em><\/p>\n Agboola added, \u201cBy unlocking faster settlement and lower-cost cross-border payments, we are building a payment superhighway that connects African commerce directly to the global economy.<\/em>\u201d<\/p>\n Flutterwave enters this phase of expansion<\/a> with significant scale already established, having raised more than $500 million and processed over one billion transactions valued at more than $50\u00a0billion.<\/p>\n Through the Ripple partnership, Flutterwave aims to strengthen the connection between traditional financial services and digital asset infrastructure while expanding RLUSD-powered payments across\u00a0Africa.<\/p>\n In conclusion, Ripple\u2019s participation in the Series E round reinforces Flutterwave\u2019s long-term strategy to broaden stablecoin adoption and improve payment connectivity throughout the continent.<\/p>\n Also Read: <\/strong>Analysts Reveal Why XRP\u2019s Latest Move Could Be More Than a\u00a0Rebound<\/a><\/p>\n Originally published at <\/em>https:\/\/36crypto.com<\/em><\/a> on June 16,\u00a02026.<\/em><\/p>\n Ripple Backs Flutterwave Series E to Expand RLUSD Payments Across Africa \u2014 36Crypto<\/a> was originally published in Coinmonks<\/a> on Medium, where people are continuing the conversation by highlighting and responding to this story.<\/p>","protected":false},"excerpt":{"rendered":" What to\u00a0know: Ripple joined Flutterwave\u2019s Series E round to support RLUSD expansion.RLUSD integration targets faster settlements and improved cross-border payments.Flutterwave plans broader digital asset connectivity across African\u00a0markets. Ripple has joined Flutterwave\u2019s Series E funding round as the African payments company accelerates plans to expand RLUSD-powered payment services across the continent. According to a press release […]<\/p>\n","protected":false},"author":0,"featured_media":181799,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-181798","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-interesting"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/181798"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=181798"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/181798\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/181799"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=181798"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=181798"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=181798"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}RLUSD Integration Becomes Central to Flutterwave\u2019s Expansion Strategy<\/h3>\n
Flutterwave Eyes Faster Settlement and Lower\u00a0Costs<\/h3>\n