Ripple has participated in Flutterwave's Series E funding round, valuing the African payments company at $3.2 billion and marking a strategic partnership centered on integrating RLUSD and the XRP Ledger into its payments infrastructure. 

Flutterwave will use the capital and deepened product alliance to scale its stablecoin-enabled payments roadmap, accelerating a multi-year strategy to embed digital asset settlement, liquidity, and remittance rails into its core ecosystem, the company said in a statement on Tuesday. 

The company, which bills itself as Africa's leading payments technology provider, said it has raised more than $500 million to date, processed more than 1 billion transactions worth over $50 billion and has infrastructure spanning 34 African countries.

According to the statement, the partnership is built on three core pillars: embedding RLUSD into Flutterwave's payment rails and Send App remittance corridors as a settlement asset for high-volume channels, using the XRP Ledger for faster transaction clearing, and deploying a unified API linking Flutterwave's domestic network with Ripple Payments.

RLUSD has a market capitalization of about $1.65 billion, according to The Block's data dashboard, compared with roughly $186.5 billion for Tether's USDT and approximately $75 billion for Circle's USDC. Dollar-pegged stablecoins collectively exceed $295 billion in supply.

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Flutterwave said the integration is designed to address longstanding cross-border payment constraints, including multi-day settlement delays and elevated foreign exchange margins, by combining local cards, mobile wallets and bank transfers with Ripple's blockchain infrastructure.

The development follows a broader institutional expansion by Ripple to deepen its regulated global footprint, coming months after the firm secured conditional approval from the Office of the Comptroller of the Currency to establish Ripple National Trust Bank.

Ripple has also continued its expansion in the Asia-Pacific region. In Australia, the company is in the final stages of acquiring BC Payments Australia to obtain an Australian Financial Services License by April 2026. 

In Singapore, Ripple expanded its Major Payment Institution license with the Monetary Authority of Singapore in late 2025 and joined the central bank-backed BLOOM initiative in March 2026 to pilot tokenized bank liabilities and RLUSD trade finance settlements.