Ripple Backs Flutterwave at $3.2 Billion: Why RLUSD Won the Deal Over XRP

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Blockchain giant Ripple joined the Series E investment round of African payments leader Flutterwave at a $3.2 billion valuation, but the settlement asset in the deal was the RLUSD stablecoin, not the XRP token. The large-scale partnership will cover 34 African countries, where the fintech giant has already processed more than one billion transactions worth over $50 billion.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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