Overview
- Flutterwave announced on Tuesday, June 16, 2026, that Ripple made a strategic equity investment as part of its Series E round that values the company at about $3.2 billion.
- The agreement calls for integrating RLUSD, Ripple Payments, and the XRP Ledger into Flutterwave’s payment rails so settlements can clear on a stablecoin-native layer rather than relying only on traditional banking corridors.
- Flutterwave says stablecoin settlement is already live with selected merchants and is being trialed in parts of its Send App, moving the technology from pilot work toward commercial use.
- Both firms declined to disclose the size of Ripple’s investment or the exact equity stake and observers say the key test is whether these integrations convert into steady RLUSD and XRPL transaction volume across African remittance corridors.
- If the rollout scales, businesses and remittance senders could see faster settlement and lower foreign-exchange costs, but success will depend on on- and off-ramps, local regulation, tax and compliance frameworks, and broader merchant adoption.