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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…

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