This week’s African cryptocurrency scene highlights Ripple’s ongoing efforts to broaden its global influence through new partnerships aimed at increasing the use of its stablecoin within Africa. Ripple’s associated digital asset, XRP, ranks among the top cryptocurrencies, significantly surpassing others like ADA and the meme-based Dogecoin. Ripple also issues RLUSD, a stablecoin tailored for institutional clients.
On the western front, the Nigerian Senate is collaborating with the country’s blockchain association to develop clearer cryptocurrency regulations. As crypto adoption gains traction, more African nations are seeking to regulate the sector. Kenya has shown considerable advancement, and South Africa is leading the way in establishing crypto regulatory frameworks.
A recent study by Chainalysis indicates a substantial 52% increase in cryptocurrency usage across Sub-Saharan Africa during the year ending in June 2025. An increasing number of individuals are turning to Bitcoin and stablecoins, particularly USDT, as a protective measure against the instability and inflation of their local currencies.
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Here are some of the key stories shaping the continent’s crypto narrative this week:
Ripple is extending the availability of its RLUSD stablecoin in Africa via partnerships with Chipper Cash, VALR, and Yellow Card.
RLUSD, with a market capitalization of $709 million, aims to streamline cross-border transactions and act as a tool for facilitating humanitarian efforts.
(Source: Coingecko)
Jack McDonald, Senior Vice President of stablecoins at Ripple, expressed excitement about the launch of RLUSD distribution in Africa, pointing to the expanding adoption of the stablecoin around the world.
“We’re observing significant demand for RLUSD from our customers, along with various institutional entities worldwide, and are enthusiastic to initiate distribution in Africa through our local collaborators… We’ve also recently integrated RLUSD into Ripple Payments, broadening the selection of stablecoins within our cross-border payment solutions to better serve our customer base globally.”
These regional partnerships unlock access to local markets where the payment platforms have shown substantial growth figures.
(Source: WhaleInsider, X)
Ripple is still working to realize its full potential, particularly after the complex interactions with regulatory bodies in the United States, which impeded the rollout of its services, including the use of XRP.
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The Nigerian Senate Committee on Capital Markets and the nation’s blockchain association are joining forces to create an improved regulatory environment for crypto exchanges.