African nations are emerging as global leaders in stablecoin adoption as businesses and consumers seek alternatives to traditional dollar-based systems. According to Yellow Card’s CEO Chris Maurice, the cumbersome user experience of the US dollar is driving this shift. The Dorsey-backed company revealed these insights at the Bloomberg Africa Business Summit in Johannesburg, highlighting a fundamental transformation in how African markets participate in global commerce.
about Dorsey-Backed Yellow Card: Dollar Barriers Fuel Stablecoin AdoptionYellow Card
0 in Finance and 0 in Crypto last weekRipple’s RLUSD Stablecoin Nears $900M Market Cap
Ripple’s RLUSD stablecoin is approaching a $900 million market capitalization just months after its launch, demonstrating rapid adoption in the crypto space. The stablecoin’s growth is being fueled by institutional integrations and real-world payment applications. This expansion highlights RLUSD’s emerging role in bridging traditional finance with decentralized ecosystems.
about Ripple's RLUSD Stablecoin Nears $900M Market CapRipple’s RLUSD & ETFs to Boost XRP Volume
Ripple is executing a strategic pivot that could redefine XRP’s role in global finance through the dual launch of its RLUSD stablecoin and the first U.S.-based XRP ETFs. According to Alexis Sirkia, Captain of the Yellow Network, these developments create synergistic liquidity rather than competition, positioning XRP for a potential resurgence despite recent transaction declines. This institutional push aims to reverse on-chain activity drops and solidify XRP’s utility in cross-border finance.
about Ripple's RLUSD & ETFs to Boost XRP VolumeWall Street Closing Bell Analysis & Expert Insights
Bloomberg Television offers comprehensive pre- and post-market analysis as Wall Street’s closing bell approaches. The show brings together prominent voices from firms like Edward Jones, Jefferies, DA Davidson, and Cantor Fitzgerald, alongside representatives from Yellow Card, Motley Fool Asset Management, CLEO Capital, BNY, and special guests including NBC’s Al Roker and The Ford Foundation’s Darren Walker. This diverse panel provides viewers with multifaceted insights into market movements, economic indicators, and broader financial trends, making it essential viewing for investors and professionals seeking to stay informed about daily market dynamics and expert opinions.
about Wall Street Closing Bell Analysis & Expert InsightsRipple Expands RLUSD & XRP Partnerships in 2025
Ripple has announced a significant partnership with Spanish banking giant BBVA to provide digital asset custody services, expanding their existing collaboration in Turkey and Switzerland. The company also revealed details about its upcoming Swell 2025 conference in New York, focusing on stablecoins, payments, and regulation. Ripple’s USD-pegged stablecoin RLUSD is making strides in Africa through partnerships with Chipper Cash, VALR, and Yellow Card, facilitating cross-border payments and supporting weather insurance pilots in Kenya. Currently with a $730 million market cap, RLUSD is also being adopted by VivoPower’s electric vehicle subsidiary Tembo. XRP’s price sits at $3 with a 5.5% weekly gain, and analysts like Ali Martinez predict potential surges to $3.60 or even $20 if bullish patterns continue.
about Ripple Expands RLUSD & XRP Partnerships in 2025Ripple Launches RLUSD Stablecoin in Africa via Fintech Deals
Ripple has launched its RLUSD stablecoin in Africa through partnerships with fintech firms Chipper Cash, VALR, and Yellow Card, providing immediate access to millions of users. The stablecoin, which debuted in late 2024 with a $710 million market cap, is being positioned for institutional adoption rather than retail trading. Additionally, Ripple is piloting humanitarian applications in Kenya with Mercy Corps Ventures, using RLUSD for blockchain-based insurance products against climate risks. The token is listed on major exchanges including Gemini and Kraken, facilitating institutional use for payments and collateral. While on-chain activity shows growing transaction volumes reaching $194 million in August, RLUSD still trails significantly behind established stablecoins in daily liquidity and usage.
about Ripple Launches RLUSD Stablecoin in Africa via Fintech DealsRipple Expands RLUSD Stablecoin in Africa to Challenge USDT
Ripple has announced partnerships with African fintech firms Chipper Cash, VALR, and Yellow Card to expand the reach of its RLUSD stablecoin across the continent. The initiative focuses on using RLUSD for payments, settlements, and social impact projects, such as drought and rainfall insurance in Kenya, enabled by smart contracts for automated, transparent payouts. With a market cap exceeding $700 million since its launch, RLUSD is positioned to compete with Tether’s USDT, which currently dominates Africa’s stablecoin transactions. Reports indicate stablecoins account for 43% of crypto volume in Sub-Saharan Africa, highlighting their role in addressing foreign-exchange shortages and settlement delays. Ripple’s strategy emphasizes institutional adoption and practical utility beyond speculation.
about Ripple Expands RLUSD Stablecoin in Africa to Challenge USDTWall Street Closing Bell: Key Insights & Market Analysis
Bloomberg Television provides in-depth coverage of Wall Street’s closing bell, featuring insights from prominent financial leaders like Morgan Stanley’s Andrew Szczurowski, JPMorgan’s Gabriela Santos, and Hayman Capital’s Kyle Bass. The segment also includes perspectives from FICO’s Will Lansing and Western Union’s Devin McGranahan, alongside an unexpected appearance by Grammy-nominated rapper Jeezy. This diverse panel offers a unique blend of market analysis, economic trends, and cultural commentary, making it a must-watch for investors and finance enthusiasts.
about Wall Street Closing Bell: Key Insights & Market AnalysisStablecoins Revolutionize $685B Remittance Market
In 2024, migrants sent $685 billion in remittances, a lifeline for families in low- and middle-income countries where these flows often exceed 3% of GDP. Traditional methods remain slow and expensive, with fees consuming 6% or more of transfers. Ripple’s enterprise-grade stablecoin RLUSD – fully backed by USD reserves and operating under NYDFS oversight – enables direct wallet-to-wallet transfers, bypassing banks. Case studies like Bitso (using USDC for U.S.-Latin America transfers) and Visa’s partnership with Yellow Card demonstrate stablecoins’ real-world impact, processing $27.6 trillion in 2024 – surpassing Visa and Mastercard combined. While regulatory frameworks like the pending GENIUS Act aim to standardize oversight, challenges like local currency on/off-ramps remain key adoption barriers.
about Stablecoins Revolutionize $685B Remittance MarketAptos RWA Adoption Soars with $538M TVL, APT Unlock Ahead
The Aptos Network is gaining traction as a top choice for real-world asset (RWA) tokenization, with its TVL surging 56.28% in 30 days to $538M, making it the third-largest RWA network. Institutional adoption is evident with $420M in private credit, $86.93M in U.S. Treasuries, and $30.72M in alternative funds. Aptos CEO Avery Ching’s appointment to the CFTC’s Digital Asset Markets Subcommittee highlights regulatory engagement, while a partnership with Yellow Card enables gas-free stablecoin transfers in Africa. However, traders are eyeing the July 12 unlock of 11.31M APT tokens (~$49.5M), which may influence near-term price action as APT tests key support at $4.3.
about Aptos RWA Adoption Soars with $538M TVL, APT Unlock AheadAptos & Yellow Card Launch Gas-Free Stablecoin Transfers in Africa
Aptos and Yellow Card have launched a gas-free stablecoin transfer service in over 20 African countries, enabling instant USDT and USDC transactions without network fees. The partnership targets financial inclusion by addressing the needs of underserved populations, particularly for cross-border remittances and small business payments. Aptos covers all gas fees through its ‘gas-sponsored onboarding’ feature, making the service highly accessible. Stablecoins like USDT and USDC are gaining traction in Africa due to their stability amid local currency volatility. Aptos is also expanding its global payment ambitions, with recent developments like Panora Flows enhancing interoperability. Beyond finance, Aptos is venturing into public health through investments like Universal Health Token. Meanwhile, Aptos’ native token APT has seen a slight decline in price.
about Aptos & Yellow Card Launch Gas-Free Stablecoin Transfers in AfricaVisa & Yellow Card Boost Stablecoin Payments in Africa
Visa and Yellow Card Financial are teaming up to introduce stablecoin-based payments in Africa, targeting regions with restricted US dollar access. The partnership, set to launch in at least one African country this year, focuses on improving cross-border transactions, treasury operations, and liquidity management. By leveraging Visa’s payment network and Yellow Card’s crypto infrastructure, the initiative aims to reduce costs and increase efficiency in emerging markets. Further expansions are planned for 2026, signaling a growing convergence between traditional finance and digital asset solutions.
about Visa & Yellow Card Boost Stablecoin Payments in Africa