Particle.news
Download on the App Store
10 ARTICLES
·
last wk.

Ripple Takes Equity Stake in Flutterwave to Bring RLUSD and XRPL Into African Payments

The deal seeks to speed settlement and lower costs by embedding Ripple’s dollar stablecoin and ledger into Flutterwave’s payment rails to expand dollar liquidity across the continent.

Ripple invests in flutterwave, pushing its stablecoin and xrp ledger into payments across africa
Ripple invests in Flutterwave as payments firm targets $3.2B valuation
Image
Image

Overview

  • Flutterwave announced on June 16, 2026 that Ripple made a strategic equity investment as part of its Series E round that values the company at $3.2 billion, with some outlets reporting a $3.3 billion figure.
  • The partnership will integrate RLUSD as a primary settlement asset, connect Flutterwave to Ripple Payments through a unified API, and use the XRP Ledger to clear transactions.
  • Flutterwave says stablecoin settlement is already live with selected merchants and is being tested inside parts of its Send App, marking an early commercial rollout rather than a future promise.
  • Neither company disclosed the size of Ripple’s investment or the exact equity stake, but both say the technical goal is to shorten multi‑day settlement times, reduce foreign‑exchange margins, and improve access to dollar liquidity.
  • The move builds on Flutterwave’s multi‑year stablecoin roadmap and scale—more than $50 billion processed across 1 billion transactions—and could boost real‑world demand for RLUSD while making cross‑border payments faster and cheaper for African businesses and remittance users.