Acquista cryptoMercatiSpotFuturesGOLDEarnCentro eventi
Altro
Gold vs Crypto
The post Crypto Firm Secures Major New Partnership to Expand Payment Network appeared on BitcoinEthereumNews.com. Fintech Africa’s remittance corridors are seeing rapid experimentation, and RedotPay has stepped into the spotlight with a feature that converts crypto transfers into Nigerian naira almost instantly. The company has tapped Ripple’s settlement technology to streamline the process, offering an alternative to the often slow, expensive flow of traditional international transfers. The service does not treat digital assets as speculative instruments. Instead, users can send a wide range of cryptocurrencies — from XRP and USDT to BTC, ETH, SOL, TON, TRX, and BNB — and recipients receive NGN deposited directly into their bank accounts. Ripple’s RLUSD stablecoin is expected to be added next. RedotPay CEO Michael Gao emphasized that, by pairing stablecoin settlement with Ripple’s backend, the system aims to make crypto feel as simple and predictable as using a local mobile money app. Ripple’s Broader Push Across the Continent This rollout comes as Ripple deepens its footprint in several high-growth regions. The company recently extended its regulatory permissions in Singapore, and earlier partnerships with Chipper Cash, Yellow Card, and VALR laid groundwork for improved settlement options across Africa. Ripple’s Reece Merrick described the RedotPay integration as a meaningful advancement for lowering cross-border payment costs and bringing faster digital alternatives to users who rely heavily on remittances. Bridging Digital Assets and Local Banking Rather than replacing financial institutions, RedotPay’s model layers blockchain settlement on top of existing banking rails. The practical outcome is simple: a sender can choose a supported cryptocurrency, initiate a transfer from anywhere in the world, and the recipient in Nigeria receives NGN without touching an exchange or dealing with conversion risk. The company sees this as the first step in a wider effort to modernize how money moves across borders. The information provided in this article is for educational purposes only and does not constitute financial,… The post Crypto Firm Secures Major New Partnership to Expand Payment Network appeared on BitcoinEthereumNews.com. Fintech Africa’s remittance corridors are seeing rapid experimentation, and RedotPay has stepped into the spotlight with a feature that converts crypto transfers into Nigerian naira almost instantly. The company has tapped Ripple’s settlement technology to streamline the process, offering an alternative to the often slow, expensive flow of traditional international transfers. The service does not treat digital assets as speculative instruments. Instead, users can send a wide range of cryptocurrencies — from XRP and USDT to BTC, ETH, SOL, TON, TRX, and BNB — and recipients receive NGN deposited directly into their bank accounts. Ripple’s RLUSD stablecoin is expected to be added next. RedotPay CEO Michael Gao emphasized that, by pairing stablecoin settlement with Ripple’s backend, the system aims to make crypto feel as simple and predictable as using a local mobile money app. Ripple’s Broader Push Across the Continent This rollout comes as Ripple deepens its footprint in several high-growth regions. The company recently extended its regulatory permissions in Singapore, and earlier partnerships with Chipper Cash, Yellow Card, and VALR laid groundwork for improved settlement options across Africa. Ripple’s Reece Merrick described the RedotPay integration as a meaningful advancement for lowering cross-border payment costs and bringing faster digital alternatives to users who rely heavily on remittances. Bridging Digital Assets and Local Banking Rather than replacing financial institutions, RedotPay’s model layers blockchain settlement on top of existing banking rails. The practical outcome is simple: a sender can choose a supported cryptocurrency, initiate a transfer from anywhere in the world, and the recipient in Nigeria receives NGN without touching an exchange or dealing with conversion risk. The company sees this as the first step in a wider effort to modernize how money moves across borders. The information provided in this article is for educational purposes only and does not constitute financial,…

Crypto Firm Secures Major New Partnership to Expand Payment Network

Autore: BitcoinEthereumNews
Fonte: BitcoinEthereumNews
2025/12/03 13:05
3 min di lettura
Major
MAJOR$0.06541+1.59%
FLOW
FLOW$0.03224-1.94%
Notcoin
NOT$0.0003862+0.62%
Shiba Inu Treat
TREAT$0.0001999+14.68%
Suilend
SEND$0.09436+0.96%
Per feedback o dubbi su questo contenuto, contattateci all'indirizzo crypto.news@mexc.com.
Fintech

Africa’s remittance corridors are seeing rapid experimentation, and RedotPay has stepped into the spotlight with a feature that converts crypto transfers into Nigerian naira almost instantly.

The company has tapped Ripple’s settlement technology to streamline the process, offering an alternative to the often slow, expensive flow of traditional international transfers.

The service does not treat digital assets as speculative instruments. Instead, users can send a wide range of cryptocurrencies — from XRP and USDT to BTC, ETH, SOL, TON, TRX, and BNB — and recipients receive NGN deposited directly into their bank accounts.

Ripple’s RLUSD stablecoin is expected to be added next. RedotPay CEO Michael Gao emphasized that, by pairing stablecoin settlement with Ripple’s backend, the system aims to make crypto feel as simple and predictable as using a local mobile money app.

Ripple’s Broader Push Across the Continent

This rollout comes as Ripple deepens its footprint in several high-growth regions. The company recently extended its regulatory permissions in Singapore, and earlier partnerships with Chipper Cash, Yellow Card, and VALR laid groundwork for improved settlement options across Africa.

Ripple’s Reece Merrick described the RedotPay integration as a meaningful advancement for lowering cross-border payment costs and bringing faster digital alternatives to users who rely heavily on remittances.

Bridging Digital Assets and Local Banking

Rather than replacing financial institutions, RedotPay’s model layers blockchain settlement on top of existing banking rails. The practical outcome is simple: a sender can choose a supported cryptocurrency, initiate a transfer from anywhere in the world, and the recipient in Nigeria receives NGN without touching an exchange or dealing with conversion risk. The company sees this as the first step in a wider effort to modernize how money moves across borders.

The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.

Author

Alexander Zdravkov is a person who always looks for the logic behind things. He has more than 3 years of experience in the crypto space, where he skillfully identifies new trends in the world of digital currencies. Whether providing in-depth analysis or daily reports on all topics, his deep understanding and enthusiasm for what he does make him a valuable member of the team.

Related stories

Next article

Source: https://coindoo.com/ripple-news-crypto-firm-secures-major-new-partnership-to-expand-payment-network/

Opportunità di mercato
Logo Major
Valore Major (MAJOR)
$0.06541
$0.06541$0.06541
+1.77%
USD
Grafico dei prezzi in tempo reale di Major (MAJOR)
Disclaimer: gli articoli ripubblicati su questo sito provengono da piattaforme pubbliche e sono forniti esclusivamente a scopo informativo. Non riflettono necessariamente le opinioni di MEXC. Tutti i diritti rimangono agli autori originali. Se ritieni che un contenuto violi i diritti di terze parti, contatta crypto.news@mexc.com per la rimozione. MEXC non fornisce alcuna garanzia in merito all'accuratezza, completezza o tempestività del contenuto e non è responsabile per eventuali azioni intraprese sulla base delle informazioni fornite. Il contenuto non costituisce consulenza finanziaria, legale o professionale di altro tipo, né deve essere considerato una raccomandazione o un'approvazione da parte di MEXC.

Potrebbe anche piacerti

Web3 is sick, but the cure isn't AI.

Web3 is sick, but the cure isn't AI.

Author: Zhou, ChainCatcher Over the past year, breakthroughs in AI technology have far exceeded expectations. From GPT-4o to the emergence of various AI agent tools
Condividi
PANews2026/03/25 21:33
Venice Token Surges 18.3% as Market Cap Crosses $298M: What’s Driving VVV?

Venice Token Surges 18.3% as Market Cap Crosses $298M: What’s Driving VVV?

Venice Token (VVV) has posted an 18.3% gain in 24 hours, reaching $6.64 with a market cap surge to $298.6 million. Our analysis examines the volume dynamics, supply
Condividi
Blockchainmagazine2026/03/25 21:03
Tom Lee’s Bitmine debuts MAVAN staking, stock advances

Tom Lee’s Bitmine debuts MAVAN staking, stock advances

The post Tom Lee’s Bitmine debuts MAVAN staking, stock advances appeared on BitcoinEthereumNews.com. Tom Lee’s Bitmine debuts MAVAN staking, stock advances Bitmine
Condividi
BitcoinEthereumNews2026/03/25 21:04