Ripple has identified Africa as the next major growth market for its US dollar-backed RLUSD stablecoin.

On Sept. 4, Ripple announced that it has partnered with fintech firms Chipper Cash, VALR, and Yellow Card to make RLUSD more widely accessible across the continent.

This initiative marks Ripple’s latest move to position RLUSD as a practical tool for payments and settlements in regions with limited access to reliable financial infrastructure.

Already, Ripple is using the digital asset for social impact projects across the continent.

In Kenya, one program focuses on climate-related challenges, where Ripple provides drought insurance by holding funds in escrow accounts that are automatically disbursed to farmers when satellite data indicates severe water shortages.

A second pilot applies the same principle to rainfall, offering payouts when flooding or heavy storms disrupt livelihoods. Both projects use smart contracts to guarantee transparency and speed, reflecting how stablecoins can serve purposes beyond trading and speculation.

Jack McDonald, Ripple’s senior vice president for stablecoins, said the token has already carved out a role in institutional use cases. These range from payment solutions and tokenization projects to serving as collateral in both crypto and traditional markets.

He added:

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“We’re seeing demand for RLUSD from our customers and other key institutional players globally and are excited to now begin distribution in Africa through our local partners.”

Since launching earlier this year, RLUSD has gained momentum, reaching a market capitalization of more than $700 million.

Africa’s stablecoin market

Ripple’s push comes when stablecoins are becoming more prominent on the African continent.

A recent study from Yellow Card found that stablecoins made up 43% of crypto transaction volume in Sub-Saharan Africa.

Another report from the International Monetary Fund estimated that stablecoin flows reached nearly 7% of the region’s total GDP for last year.

According to these reports, stablecoins have become the backbone of digital asset activity on the continent as businesses and individuals increasingly rely on them to bypass foreign-exchange shortages, reduce settlement delays, and perform international transactions.

The reports showed that Tether’s USDT plays a dominant role on the continent, processing more than half of the total transactions.

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Amid the current tightening global oversight and a growing appetite for transparency in the crypto world, Tether’s position as the leading stablecoin issuer in the sector is at risk from new and rising stablecoins.

Fading Dominance Of The Stablecoin Issuer

SMQKE, an observer and researcher, shared a report that shows that the firm could lose its robust grip in the stablecoin sector. According to the researcher, the leading stablecoin issuer “will lose market dominance to regulated stablecoins like the RLUSD in the future.”

Presently, global regulations are being made that focus on the intersection of digital assets and traditional finance. One of the assets that fits nicely into these regulations is Circle’s USDC, which has won approval from the Markets in Crypto-Assets Regulation (MiCA).

However, Tether’s USDT appears to be evading regulators’ demands for transparency in the way it operates its underlying assets. As a result, regulated stablecoins will continue to overtake USDT as the market leader in the future. “Only time will tell whether Tether will continue to leak market share to rivals or continue to hold sway with cryptocurrency fans,” the report stated.

Stablecoins such as USDP, PYUSD, USDG, and RLUSD steadily challenge USDT’s dominance as they reflect stronger institutional alignment. This is because official regulations govern each stablecoin and have reserves that are mainly made up of liquid, high-quality assets.  

A Major Shift From Tether Coming Soon

As the stablecoin landscape evolves, Tether, the largest stablecoin firm, continues to make steps to provide a reliable network. A recent report shows that the leading platform plans to let go of some of the top chains in the sector in the upcoming months.

In a significant move, Tether, the first blockchain-enabled platform, has announced it will discontinue USDT support on five key blockchains. Such a move is meant to streamline its operations and bolster the network’s efficiency.

The announcement was shared by the Phoenix Group, a crypto media on the X platform, on Sunday. According to the report, the impending disconnection is scheduled to take place in the next two months, particularly in September 2025.

This strategic shift by Tether tends to phase out chains that no longer meet the changing technical or community standards of the stablecoin issuer. In addition, it reflects the firm’s increased focus on preserving liquidity and security throughout its ecosystems.

The list of blockchains mentioned in the company’s report includes Omni Layer, Bitcoin Cash, Kusama Network, EOS Network, and Algorand. Tether will discontinue USDT redemptions and freeze remaining tokens on these chains starting from September 1, 2025. 

As stated in the report, Tether’s decision to cut ties with these key chains comes after a strategic infrastructure evaluation and represents a move toward more utilized and scalable networks. Prior to the September deadline, the firm has urged users holding USDT on the affected chains to redeem or migrate their tokens to other supported chains. Failure to do so before then is likely to lead to loss of funds and assets.

Featured image from Adobe Stock, chart from Tradingview.com

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African Crypto News: South African judges hope Tether is ready for cryptographic preparations to invest in Shiga Digital.

A South African judge criticized the country’s financial regulators for relying on apartheid-era laws to regulate codes. In Kenya, a central bank survey revealed that the number of banks is increasing to support cryptocurrency payments. Meanwhile, Tether, the publisher of the popular USDT Stablecoin, is investing in Shiga Digital, a Pan-Africa crypto and fintech platform. Tether wants to expand its presence on the continent.

Explore these code stories that dominated African headlines this week.

Discover: 9+ Best High Risk, High Reward Crypto Buy in June 2025

South African Crypto News: Judges Want Modern Laws

Mandrenkosi Mosa, a judge of the South African High Court, It was criticized South Africa Reserve Bank for regulating cryptography using apartheid-era law.

He said that codes have been around for 15 years and there is no reason to continue using outdated laws.

These comments were made in an award that included James Ewing & Sons, which was transferred to the international crypto exchange by South African Bank Standard Bank and James Ewing & Sons.

https://www.youtube.com/watch?v=iebj6pg7zqk

Part of the discussion centers around South Africa’s Exchange Management Act.

Judge Motha agreed to filings made during the case regarding the inadequacy of old laws to regulate cryptography, including some The next cipher that explodes.

These comments highlight the need to modernize crypto exchange management and related laws. It comes especially when South Africa becomes a crypto hub.

South Africa is quietly becoming Switzerland in Africa’s C-Leipt…

248 cryptographic licenses had been approved by December 2024, 420 applications were received, and only nine were rejected.

This is the approval rate of 95% or more for companies that meet the standard.

What is driving this:

– Clear…

– idris (@olanetsoft) June 3, 2025

Kenya Crypto News: Ready to provide Crypto Services

According to central bank innovations investigationalmost a third of Kenya’s banks are ready to support crypto trading.

Congress is currently discussing the law on virtual asset service providers, and the findings show that the banking sector can support it.

https://www.youtube.com/watch?v=cumkpoloaoo

The survey is informal, but it shows the opportunities banks can see in the industry.

The banks are warming ten years after the central bank of Kenya discouraged the bank from engaging in Bitcoin and crypto.

(sauce)

If the VASP bill before Congress was enacted in law, it could be a fork moment for crypto, allowing businesses to operate within a defined regulatory framework.

Millions of Kenyans are already trading in a variety of cryptos, and supportive frameworks can further promote use and even let more capital be leaked to some. Best Meme Coin ICO.

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African Crypto News: Tether is investing in and looking to expand in Shiga Digital

Tether, the publisher of USDT, has expanded its presence in Africa investment Participate in digital.

The Stablecoin publisher aims to improve the use of USDT for cross-border African settlements. Most importantly, the wide reach and reliability of USDT can provide valuable liquidity to Shiga Digital.

Do you need a simple and easy way to receive GBP or Euro from Stablecoin to your bank account? Simply share your Shiga Stablecoin wallet and receive GBP or Euros in either your GBP or Eur Bank account.

Once you have set up your account, simply send it to the one you associate with Stablecoin…

– abiolashogbeni.eth (@shogz_snr) January 2, 2025

USDT is a key trading pair for thousands of cryptos and a safe shelter for traders looking to mitigate trading volatility.

Shiga Digital is building a product suite and off-the-shelf service for its users, so this partnership could be a win-win.

Shiga Digital specializes in blockchain apps for digital finance and cloud technology.

It has a Pan Africa focus, with co-founder Abiola Sigbeni bringing insight into the African market.

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Stablecoin issuer Tether has announced that it has deployed its native USDT stablecoin on Kaia blockchain, a Layer 1 network, launched in August 2024.

Announced Wednesday, USDT will be integrated into Japanese messaging app LINE’s Mini Dapp platform and self-custodial wallet.

“Tether’s stablecoin will power Mini Dapps and more, unlocking a new era of digital dollar utility across Asia,” Tether wrote on X.

With the launch of USDT on Kaia, LINE NEXT and Kaia Chain will expand stablecoin and Web3 adoption across Asia.

“Users will be able to utilize USDT across Mini Dapps for in-app payments, cross-border transfers, and decentralized finance (DeFi) activities, all within the familiar LINE environment,” the official announcement, read.

Further, Mini Dapps will include features powered by the stablecoin, offering users “a seamless digital asset experience within LINE Messenger.”

Tether Taps LINE’s 196 Million Active User Base with USDT Integration

The initiative will enable users to receive rewards in USDT by completing several missions within Mini Dapps. Further, users can send and receive the dollar-pegged stablecoin directly through the in-app wallet on LINE Messenger, the release noted.

“Tether’s native launch on Kaia is another step toward making stablecoins accessible to millions of mainstream users,” said Paolo Ardoino, Tether’s CEO.

“Through LINE NEXT’s blockchain infrastructure, over 200 million LINE users will now have a straightforward way to engage with digital assets in everyday life.”

The adoption will help establish a “dollar-based gateway” in Asia, claims Youngsu Ko, CEO of LINE NEXT.

Tether Consistently Mints New Tokens

The integration comes days after Tether minted $1 billion USDT on May 5, on the Tron network. The minting of new tokens brings the total USDT on Tron to $71.4 billion, the company report said.

Further, the crypto firm reported a $1 billion operating profit in Q1 2025, driven by strong returns on its U.S. Treasury holdings. There is already $72.8 billion USDT on the Ethereum network.

The post Tether’s USDT Launches on Kaia Blockchain, Expands Stablecoin Adoption in Asia appeared first on Cryptonews.

Tether’s tokenized gold product, XAUT, has released its first official attestation, showing that its total backing amounts to 246,523.33 ounces, equivalent to more than 7.7 tons of gold.

According to an April 28 statement, XAUT is priced at $3,123.57 per token and has a total market capitalization of $770 million. The token reached an all-time high of $3,423 on April 21, representing a 9.6% increase since the close of the first quarter.

Tether described XAUT as the leading product in the tokenized gold sector based on market size, security standards, and regulatory compliance. The firm stated that the attestation is a significant step in reinforcing the project’s transparency and long-term appeal to institutional and retail investors.

Rising gold demand bolsters Tether XAUT

According to Tether, growing global instability has strengthened demand for gold, which inadvertently boosted interest in XAUT.

During the first quarter of 2025, the stablecoin issuer noted that global economic uncertainty, escalating geopolitical risks, and fears of new trade barriers led investors to seek safer assets. This climate helped drive XAUT’s rising market cap to new highs.

Moreover, gold itself delivered a standout performance during the reporting period.

Analysts at The Kobeissi Letter noted that gold prices have outpaced the S&P 500 by 32.6% year-to-date, marking the most significant divergence since 1975.

The analysts also noted that gold prices have rallied 26.5% this year, while the S&P 500 has declined by 6.1%. This trend positions gold for its second consecutive year of outperforming the stock market.

Further supporting gold’s momentum, central banks worldwide are boosting their gold holdings. The precious metal accounts for approximately 18% of global international reserves, the highest level in 26 years. China has been a leading contributor, doubling its gold reserve share to 7.1% since early 2023.

Tether targets emerging markets

Tether CEO Paolo Ardoino revealed that the company plans to expand XAUT’s reach, especially across emerging markets.

According to him:

“With XAUT, we’re offering users the ability to access the security of physical gold in a digital form—secure, easily transferrable, and backed 1:1 by fully held gold reserves. It’s part of our broader commitment to building financial tools that combine the best of traditional assets with the efficiency of blockchain technology.”

This suggests the company intends for XAUT to serve a similar role to USDT in emerging markets.

USDT acts as a digital dollar for over 450 million users globally and holds a market capitalization exceeding $147 billion, according to CryptoSlate’s data.

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The rumors were true. Donald Trump is certainly serious about making the United States a global hub for crypto. He announced the establishment of the National Cryptocurrency Reserve, which includes XRP, SOL, ADA, and BTC and ETH.

As a result, XRP surged by over 30%, surpassing USDT to become the third largest cryptocurrency in the world, with market capitalization exceeding $153 billion.

In addition to rising prices, the number of active addresses is also increasing. This means that XRP is seeing a new influx of investors, indicating an increase in interest and trust. We unlock that meaning and explore some of the best ciphers to buy now.

Understanding the possibilities of XRP

In addition to being a crowd favorite, it is a solid foundation that works in XRP favors. It was created to replace traditional banking systems like Swift and provide a way to implement low-cost international payments on a scale. It can also work with central bank digital currency (CBDC).

Technically, analysts believe XRP is tracking roughly the same patterns it saw during the meteor rise in 2017. With a critical $3 level in its grasp, it could last if the $XRP momentum can be held above that mark.

Last but not least, the SEC is set to decide whether to approve Grayscale’s XRP ETFs by October. However, there is a pro-cryptic SEC under the new Trump administration, so it is likely that the decision will be in the XRP’s favor.

Major cryptocurrencies like Bitcoin, Ethereum and XRP will promote the next Bull Run, but here we present some of the lesser known cryptos to buy now to see the profits of the percentage of triple numbers.

1. Solaxy ($solx) – the best cipher to buy now

Solana ($sol) is one of President Donald Trump’s five token presidents and hopes to incorporate a crypto strategic reserve along with $BTC, $XRP and $ADA. Without a doubt, he liked what he saw from the Solana blockchain after launching $Trump.

Trump’s vote of trust represents a huge boost for Solana’s supporters, but this fact remains that this fast and scalable blockchain network is not performing at its best right now. For a while, I’ve been battling crowds and slow throughput. input Solaxy ($solx).

As Solana’s first dedicated layer 2 scaling protocol, Solaxy reduces network congestion issues by handling transactions out of chains. Additionally, we plan to run transactions in batches rather than individually, making Solana cheaper and faster than ever before.

Pre-sale kittens cost over $24.7 million, Solax This is the front runner for the best pre-crypto sales this year. Luckily, the pre-sale is still on and can be entered at a low price of $0.001652 per token. If this is your first time buying Crypto on pre-sale, here’s how to buy $Solx:

2. BTC Bull Token ($btcbull) – Unique Meme Coin Supporting Bitcoin Rally

After all, experts were right when predicting that $BTC could turn back after bouncing off the 200 EMA. Of course, Donald Trump’s recent announcement helped. OGCrypto rose almost 10% on Sunday accordingly.

With Bitcoin ready for massive growth, there is one particular Altcoin that appears to be the next cryptography that will explode. BTC Bull Token ($btcbull).

This unique crypto project is currently the only one that offers $BTC as a reward for token holders. Combined with strong talknomics and robust plans to maintain market hype, BTC Bull Token Holders will benefit not only from free Bitcoin, but also from the price rise of $BTCBull itself.

Here’s how the project roadmap looks like: Every time Bitcoin hits a new milestone number such as $150,000, $200K, or $250K, the $BTCBULL token holder receives a share of $BTC.

whole, BTC Bull Token It is one of the best cryptos to invest in the largest list of Bitcoin. Given that it is still on pre-sale now (raising over $3.1 million), it’s available at a discount of just $0.00239.

3. Cardano ($ ada) – Unique cryptography benefits from the announcement of the National Cryptocurrency

Cardano has lost more than 60% in the last 24 hours by including it in Trump’s US crypto-protected territories announcement. This important move towards institutional support has increased the $ADA market capitalization to $35.7 billion. So it’s now officially a larger cipher than $Doge.

Unlike Bitcoin, which uses a Proof of Work (POW) system, Cardano is a Decentralized Proof of Proof (POS) blockchain. This means there is less energy.

Also, seeing them develop the platform using peer-reviewed tactics, Cardano is more scalable and at the same time is as secure as other top crypto blockchains.

A call to the US Crypto Sanctuary of $ADA could be that Eureka moment. It is currently trading for just under a dollar, and with momentum on that side, it could easily surpass the recent resistance level of $1.30.

Conclusion

When we think that the Trump-Fueled Code Bull’s run is over, we have a very realistic outlook for US crypto sanctuaries. As many candidates shoot for the new history best accordingly, the pre-sale tokens mentioned in this guide can ride the tide on the moon.

Still, the fact remains that the crypto market is unpredictable and dangerous. That’s why it’s best to invest wisely only after doing your own research. This article is not financial advice.