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Ripple Joins Forces with Chipper Cash to Boost Crypto Payments Across Africa

  • African cross-border payments firm Chipper Cash has partnered with Ripple Labs to enable fast and cost-effective transactions across Africa.
  • With five million customers across nine African nations, Chipper Cash will utilize Ripple's Payments solution based on the XRP Ledger blockchain and XRP to facilitate faster and more efficient cross-border transactions.
  • This partnership strengthens Ripple's presence in Africa, following its collaboration with Onafriq for digital asset-enabled cross-border payments and the acquisition of Uganda's Pharma Ville.
  • Ripple recently settled its lawsuit with the U.S. SEC, paying $50 million of the total $125 million penalty, eliminating legal uncertainties surrounding XRP.

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