Ripple has partnered with fintech firm RedotPay to supercharge crypto-powered remittances across Africa, starting with a fast-track solution for converting digital currencies into Nigerian naira.
Quick Summary – TLDR:
- Ripple and RedotPay launch “Send Crypto, Receive NGN” to simplify cross-border payments.
- Users can send crypto like XRP or USDT and receive naira directly in Nigerian bank accounts.
- The partnership aims to reduce high remittance fees and settlement delays using blockchain.
- RLUSD adoption continues to grow as Ripple expands its reach in the African market.
What Happened?
Ripple has joined forces with RedotPay, a global crypto-fintech company, to launch a new cross-border payment service. The collaboration introduces a feature called “Send Crypto, Receive NGN”, allowing users to send digital assets and have them converted into Nigerian naira, which is deposited into local bank accounts in minutes.
The partnership marks Ripple’s latest effort to deepen its real-world utility in regions where cost-effective remittance solutions are in high demand.
@RedotPay is proud to partner with @Ripple and integrate Ripple Payments to launch “Send Crypto, Receive NGN,” enabling users to send XRP or #stablecoins and receive NGN in minutes, not days. pic.twitter.com/Ndtj9TPQVE
— RedotPay Official (@RedotPay) December 2, 2025
Ripple and RedotPay Join Forces for Instant NGN Transfers
RedotPay, a growing crypto payment platform, has integrated Ripple’s cross-border payments technology to launch a service designed specifically for fast and affordable NGN transfers. With this feature, users can send popular cryptocurrencies such as XRP, BTC, ETH, USDC, and USDT, and recipients in Nigeria will receive their funds in naira without delay.
RLUSD, Ripple’s native USD-backed stablecoin, will also be added soon. The move is part of a broader plan to make digital assets function like local currencies in everyday use cases.
Michael Gao, CEO and Co-Founder of RedotPay, emphasized this goal, saying:
Tackling High Remittance Costs With Blockchain
The partnership comes at a time when Africa’s remittance market is facing serious challenges. Traditional transfer methods often carry fees as high as 6.49 percent and can take up to five business days to process. RedotPay and Ripple aim to eliminate these hurdles by offering instant settlements at significantly lower costs.
According to Chainalysis data, Africa is seeing rising demand for on-chain stablecoin transfers, particularly in countries like Nigeria, where digital finance adoption is growing among young professionals and freelancers.
- RedotPay already operates in Brazil and Mexico, and its move into Nigeria signals a targeted strategy to reach emerging markets.
- Users can access the new service with verified Nigerian bank accounts, adding a layer of trust and compliance.
- Supported tokens include XRP, BTC, ETH, USDC, USDT, SOL, TON, TRX, and BNB, with RLUSD support coming soon.
Ripple Eyes Bigger Role in Africa’s Digital Payments Landscape
This deal follows Ripple’s recent expansion in Singapore, where it secured an updated MPI license. In Africa, Ripple has already made strides with fintech partnerships like Chipper Cash, VALR, and Yellow Card, all integrating its RLUSD stablecoin into their platforms.
Reece Merrick, Ripple’s Managing Director for the region, called the new RedotPay partnership a “massive” step toward faster, more affordable cross-border payments in Africa.
Meanwhile, adoption of RLUSD is growing steadily, with the stablecoin surpassing 6,500 holders and trading volumes jumping more than 65 percent in the past 48 hours alone.
Akshay Wattal, Head of Information Security at Ripple, highlighted the firm’s commitment to security and compliance, saying Ripple uses battle-tested cryptography and remains aligned with regulatory standards, laying the groundwork for the future of tokenized finance.
SQ Magazine’s Takeaway
I think this is a smart and timely move by Ripple. Cross-border payments in Africa have been painfully slow and expensive for far too long. By teaming up with RedotPay, Ripple is not only showcasing the real-world value of its technology but also pushing RLUSD into practical use. It’s good to see crypto stepping beyond hype and solving actual problems like high remittance fees and slow transfers. I’m especially glad to see Nigeria, with its large youth population and tech-savvy market, at the heart of this innovation. Let’s hope this drives even more crypto adoption across the continent.
