Africa Crypto News:  Ripple Expanding, Nigeria On Crypto Regulations Amid Soaring Adoption

In Africa crypto news this week, Ripple crypto continues to expand its global presence with several partnerships to expand its stablecoin usage in Africa. Behind Ripple is the XRP crypto, among the most valuable coins, far exceeding ADA crypto or Dogecoin meme coin. Ripple is also the issuer of RLUSD, a stablecoin targeting institutions.

On the Western coast, the Nigerian Senate is working with the country’s blockchain association to formulate more crypto regulations. As crypto adoption picks up steam, more countries in Africa are looking to regulate it. Kenya has made notable progress, and South Africa is ahead as far as crypto regulation is concerned.

Meanwhile, a Chainalysis study has found that crypto usage grew by +52% in Sub-Saharan Africa for the twelve months ending June 2025. Increasingly, more people are opting for Bitcoin and stablecoins, mainly USDT, as a hedge against local currency volatility and inflation.

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Let’s look at these stories making continental headlines this week:

Ripple Crypto News: Ripple Partners With Fintechs, Pushing For RLUSD Adoption

Ripple has expanded the reach of its RLUSD stablecoin on the African continent through partnerships with Chipper Cash, VALR, and Yellow Card.

RLUSD has a market cap of $709M and intends to make cross-border payments efficient and provide a medium for humanitarian efforts.

(Source: Coingecko)

Senior Vice President of stablecoins, Jack McDonald, said they are excited to begin distribution in Africa, noting the expanding adoption across the globe.

“We’re seeing demand for RLUSD from our customers and other institutional players globally and are excited to now begin distribution in Africa through our local partners….We also recently enabled RLUSD in Ripple Payments, extending the breadth of stablecoins available in our cross-border payments solution to better serve our customers worldwide.”

The local partnerships open up local markets where these payment platforms have achieved impressive growth rates.

(Source: WhaleInsider, X)

Ripple is still trying to capture its full potential years after the problematic clashes with regulators in the United States, which slowed down the adoption of its solutions, including use of XRP ▲0.64%.

XRP

Price

Market Cap

XRP

$168.76B

24h7d30d1yAll time

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Nigeria Crypto News:  Senate Seeks To Create A Regulatory Framework For Exchanges

The Nigerian Senate Committee on Capital Markets and the country’s blockchain association collaborate to create a better framework for regulating crypto exchanges. 

Nigeria passed legislation on capital markets generally at the start of the year. Still, more work is necessary to fine-tune the regulatory landscape. When done, this move may boost flow to some of the best meme coin ICOs. 

The blockchain association’s president, Obinna Iwuno, talked up the need for Nigeria to seize the moment in his presentation to the Committee: 

“Here in Nigeria, we can not afford to take the back seat after ranking second globally in cryptocurrency adoption…..In Africa, we take the lead. We contribute over 60 per cent of Africa’s adoption and activities on the blockchain.”

Nigeria has had a love-hate relationship with this industry in the past few years.

I remember when Binance P2P was king in Nigeria,

Then came the restrictions.

We jumped to Bybit and others,

And P2P became hell;
Frozen funds
Scammers
Outrageous middleman fees

For months, trading crypto felt like punishment.

Recently, I got to find out about… pic.twitter.com/dkSN5ydh3u

— Defi Bee

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