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Ripple invests in Flutterwave, pushing its stablecoin and XRP Ledger into payments across Africa

Ripple invests in Flutterwave, pushing its stablecoin and XRP Ledger into payments across Africa

Hex37's read

  • Ripple invests in Flutterwave, valuing it at $3.2 billion.
  • Integration of Ripple's RLUSD stablecoin and XRP Ledger.
  • Focus on accelerating cross-border payments in Africa.

What it means for traders

  • Potential for increased adoption and utility of RLUSD and XRP Ledger in African markets.
  • This partnership could boost transaction volumes and network effects for Ripple's payment solutions.

Affected markets

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