Ripple's payment solutions, including the use of XRP, are utilized across 13 African banks, enhancing cross-border payment efficiency.

Financial institutions in these nations leverage Ripple's On-Demand Liquidity (ODL) to enable real-time transactions, reducing costs and improving accessibility.

For instance, MFS Africa, a leading South African fintech company, partners with Ripple to create ISO20022-compliant payment services, using blockchain technology to modernize financial systems.

This collaboration, alongside initiatives with major institutions like Standard Bank Group, addresses financial gaps on the continent, providing solutions for the unbanked population and facilitating seamless money movement.

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