Ripple, Chipper Cash Partner Up – Garlinghouse Unveils Massive Market Opportunity
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Key Notes Ripple and Chipper Cash have announced partnership, expanding the former’s presence in Africa. The partnership will result in faster, cheaper, and efficient settlements for customers. “We’re enabling faster, more affordable cross-border payments,” said a Ripple executive . Ripple is expanding into Africa through a partnership with Chipper Cash, a leading payment provider, to enable crypto-based cross-border payments. This collaboration is set to revolutionize remittance and payments across the continent by offering faster, cheaper, and more efficient settlements. Empowering Africa’s Cross-Border Transactions According to the official announcement on March 27, Chipper Cash will integrate Ripple Payments into its platform, allowing consumers across nine African countries to receive funds from anywhere in the world seamlessly. This partnership aims to significantly reduce the time and friction of moving money into Africa, making international transactions faster and more accessible. Ripple’s Continued Expansion in Africa Ripple has been actively expanding its footprint in Africa, starting with its partnership with Onafriq in 2023. The company’s digital asset infrastructure is positioned to provide financial institutions with secure, compliant, and efficient solutions for tokenization, storage, and cross-border fund transfers. By leveraging Ripple’s blockchain technology, Chipper Cash aims to enhance financial inclusion and streamline international money transfers for its five million users, reinforcing Africa’s potential to become an important digital asset hub. Ripple’s Regulatory Victory and Future Ambitions Ripple’s partnership with Chipper Cash follows its recent legal victory over the United States Securities and Exchange Commission (SEC), which had accused the company of raising $1.3 billion through unregistered securities offerings. With the case now settled, Ripple CEO Brad Garlinghouse sees significant market opportunities ahead. “You’ve got trillions of dollars that is flowing cross-border globally and is still dominated by Swift. The challenge is that the SEC has been fighting this. However, the Trump Effect is now profound,…
Filed under: News - @ March 27, 2025 9:19 pm