Chipper Cash, the Africa-focused cross-border payments platform, has been named, alongside South African exchange VALR and payments platform Yellow Card, as a launch partner for Ripple's RLUSD stablecoin in Africa, Ripple announced on 4 September 2025. RLUSD is a US dollar-backed stablecoin developed by Ripple, and the partnership with Chipper Cash will deploy the instrument as settlement infrastructure for faster and lower-cost cross-border payment flows into and across the African continent.
Chipper Cash serves more than five million customers across Africa. The company has previously collaborated with Ripple.
RLUSD AS A CROSS-BORDER SETTLEMENT TOOL
RLUSD is denominated in and pegged to the US dollar.
By routing transactions through a blockchain-based infrastructure using RLUSD as the settlement asset, Chipper Cash aims to reduce both the cost and the processing time for cross-border transfers.
PARTNER COMMENTS
Chipper Cash chief executive Ham Serunjogi said that, after establishing its partnership with Ripple earlier in the year, the company was keen to make RLUSD available as soon as possible. Ripple did not disclose specific volume targets or a detailed implementation timeline in the initial announcement.