Ripple and Chipper Cash Partner for Seamless Crypto Payments in Africa
Ripple partners with Chipper Cash for cross-border payments.
Ripple Pay facilitates fast and low-cost crypto transactions.
Partnership aims to boost financial inclusion in Africa.
Ripple and Chipper Cash Join Forces
Ripple has announced a strategic partnership with Chipper Cash to enhance cross-border payment solutions across Africa. Through Ripple Pay, users will benefit from faster and more affordable transactions using cryptocurrency. This collaboration is a significant step toward financial inclusivity in a region where traditional banking services often fall short.
How Ripple Pay Enhances Payments
Ripple Pay uses blockchain technology to facilitate secure and low-cost payments. By leveraging crypto solutions, the partnership will enable Chipper Cash users to send money across borders quickly and efficiently. This is particularly beneficial for remittances, business transactions, and financial transfers within Africa.
The integration of Ripple Pay eliminates the need for intermediaries, reducing transaction fees and ensuring faster processing times. With millions of Africans relying on digital payment platforms, this initiative addresses a critical need for cost-effective and reliable financial services.
JUST IN: Ripple partners with Chipper Cash to enable instant, cost-effective cross border payments into Africa via crypto and Ripple Pay. pic.twitter.com/4alRkHumeq
— Cointelegraph (@Cointelegraph) March 27, 2025
A Step Toward Financial Inclusion
Africa has one of the highest mobile money usage rates in the world, and partnerships like this further enhance financial accessibility. By using Ripple’s blockchain network, Chipper Cash can provide a seamless payment experience to its users. Additionally, the partnership opens opportunities for financial empowerment in underserved regions.
Ripple continues to expand its global footprint by collaborating with fintech firms like Chipper Cash, reinforcing its commitment to blockchain-powered financial innovation.
The post Ripple and Chipper Cash Partner for Seamless Crypto Payments in Africa appeared first on Coinomedia.com.
#XRPRealityCheck $XRP if you know you will know , know what you hold
kymbrt
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BREAKING NEWS TODAY🚨
Do you think this is a coincidence?
After they announced today that the Ripple VS SEC case is over, Pres. Trump just signed an Executive Order to push the US Treasury to MODERNIZE its PAYMENT SYSTEM, in order to reduce waste, fraud and abuse. USA Treasury Dollar Incoming!
#XRPFuture $XRP if you watched recent interview of Monica Long( Ripples CEO) mentioned Bank of America then saw this letter. If you know you will know. know what you hold
seems like xrp base on the statement stated that they have a permission to use independent DLT or Distrubuted Ledger Technology hmmmm its time!!!
Cryptolady Bug
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🚨BREAKING🚨 - **U.S. BANKS CAN NOW BUY & STORE CRYPTO!** The Office of the Comptroller of the Currency (OCC) has reversed previous restrictions, granting U.S. banks the authority to buy, hold, and provide custody services for cryptocurrencies. This landmark decision marks a significant step toward mainstream adoption of digital assets within the traditional financial system. The announcement, stemming from the recent Crypto Summit, is being hailed as a major victory for the crypto industry, paving the way for greater institutional involvement and legitimizing cryptocurrencies as a key component of the financial landscape.
just like escrow mechanism from xrpl , gradual releasing of xrp for more sustainable ecosystem . thank me later
Bitcoinik
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Binance Co-founder Proposes New Crypto Tokens Issuance Mechanism
Changpeng Zhao (CZ) shared a new idea for token issuance mechanism to reduce the risk of price downfall on behalf of growth & stability.
Summary
Changpeng Zhao (CZ) shared a new crypto token issuance idea.
CZ’s proposed mechanism has steps to unlock 5% tokens if the token price remains 2x stable for 30 days.
Binance co-founder believes his mechanism has a better ability to stop price downfall.
Introduction: Changpeng Zhao (CZ) is a popular crypto entrepreneur known for his crypto exchange Binance & BinanceUS. In 2017, CZ raised $15 million through ICO & launched the Binance exchange. Because of low fees, vast crypto offerings, and fast transactions, Binance soon grabbed huge popularity & adoption among crypto investors. In 2021, CZ’s estimated net worth peaked at over $96 billion, making him one of the richest people globally. In 2023, CZ stepped down from Binance’s CEO position, following some legal charges imposed by the US financial regulatory bodies. Allegedly he allowed the use of Binance exchange without KYC verification in the US jurisdiction. For such unethical acts, CZ faced multiple charges, but there was no strong evidence but he admitted all the allegations and settled the case with a $4.3 billion fine & spent 4 months in jail.
On 1 March 2025, Changpeng Zhao (CZ) proposed a new mechanism for token issuance for the new crypto projects.
CZ said that all the new crypto tokens should follow his idea of token issuance to reduce the risk of price downfall because of new supply unlocking.His proposed mechanism includes three main points, which are as follows.
Initial Sale:
Initially, 10% of tokens should be unlocked and sold at launch. The funds obtained from this sale should only go to the project team for development, marketing, and salaries.
Future Unlock Conditions:
Tokens should be unlocked every 6 months after the last unlock. This unblock should be allowed only if the crypto token price maintains its price above 2x from the last unlock price for at least 30+ days. The supply unblock should be a maximum of 5% per cycle.
Project Team Control:
The project team behind the token can delay or reduce the unlock but never increase it. The supply unlocks should be controlled by a third-party smart contract to ensure transparency with the crypto investors.
Example Scenario & Benefits
CZ shared an example of it to explain his token issuance mechanism in a more simplified way. He said that if the token launches at $1 in January, no more tokens unlock unless the price sustains above $2 for 30 days.-If this happens in July-August, 5% more tokens can be released.
-The next unlock will only happen after another 6 months and a price of $6+ for 30 days.
CZ believes that his proposed token issuance mechanism has multiple benefits. For example, it will prohibit the market oversupply situation when prices struggle and encourage long-term growth for the project, which will further inject a better level of confidence among the token investors.
Furthermore, CZ said that such mechanism adoption will help the project team to maintain the incentives between the team and investors in a better way.
It is worth noting that CZ clarified that it is just a theoretical idea proposed by him for discussion, and currently, there are no plans for implementation in any new crypto token project.
A Crazy Idea for Token IssuanceWhat if someone issues a token with the following tokenomics?Initially, 10% of the tokens are unlocked and sold on the market. The proceeds go to the project team to build out the product/platform, marketing, salaries, etc.Each future unlock…
— CZ 🔶 BNB (@cz_binance) March 1, 2025
Read also: SEC Drops Consensys Lawsuit and Says Meme Coins Are Not Securities
Disclaimer: We at Bitcoinik.com present you with the latest information in the crypto market. However, this information should not be regarded as financial advice and viewers should consult their financial advisors before investing.
#xrpFYI $XRP facts about xrp ledger escrow --- escrow can only be unlock when their are new customers , clients or institutions using xrp technology , meaning its already been sold before unlocking it from escrow . Remember that there will be only 100b xrp and it has deflation mechanism which in every transaction within xrp ledger it will burned a portion of xrp meaning its gone .Furthermore xrp token is based on utility technology blockchain which has uses versus other tokens
Cross-Border Payments: Escrow can facilitate cross-border payments by ensuring that funds are released only when certain conditions are met, such as the completion of a transaction
CryptoHunk
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$XRP #BtcNewHolder
What Will be The Next Move After Unlocking of 2Billion coins Today
short term traders sell their assets then later they will cry because they dont know how the system works just like early days of bitcoin, your patience is the key to be successful
$XRP #futureofxrp #FYI RLUSD can help XRP in several ways: Increased Network Activity: * ODL Usage: As RLUSD is used for transactions on the XRP Ledger, it will increase the overall network activity. This can potentially lead to higher demand for XRP as it's used to facilitate these transactions. * Enhanced Liquidity: Increased usage of the XRP Ledger can lead to better liquidity for XRP, making it easier to buy and sell. Positive Sentiment and Price Impact: * Regulatory Approval: The regulatory approval of RLUSD is a positive sign for the entire crypto industry, including XRP. It can boost investor confidence and potentially drive up the price of XRP. * Market Cap Potential: Ripple's projection of a $2 trillion market cap for RLUSD by 2028 can create positive sentiment around XRP and its potential as a key player in the crypto ecosystem. Strengthening Ripple's Ecosystem: * Complementary Asset: RLUSD can complement XRP by providing a stablecoin option on the XRP Ledger. This can attract more users and institutions to the platform. * Expanded Use Cases: With RLUSD, Ripple can explore new use cases for its technology, such as cross-border payments, remittances, and other financial services.
$XRP #futureofxrp Here's a list of companies that have partnered with Ripple or are using Ripple's technology: Financial Institutions: * Banco Santander: Uses RippleNet for cross-border payments. * American Express: Has partnered with Ripple to explore blockchain technology for cross-border payments. * MoneyGram: Uses RippleNet to facilitate faster and more efficient cross-border payments. * SBI Holdings: A major Japanese financial services firm that has invested in Ripple and uses its technology for cross-border payments. * Akbank: A Turkish bank that uses RippleNet for cross-border payments. * Bank of America: Has explored using Ripple's technology for cross-border payments. * JPMorgan Chase: Has partnered with Ripple through Al Fardan Exchange to explore blockchain technology. Other Companies: * Bitso: A cryptocurrency exchange in Latin America that uses RippleNet for cross-border payments. * Cuallix: A financial services company that uses RippleNet for cross-border payments. * InstaReM: A global money transfer company that uses RippleNet to facilitate faster and cheaper transfers. * Mercury FX: A global currency exchange provider that has tested XRP for faster and cheaper cross-border transactions. It's important to note that while many companies have partnered with Ripple or explored its technology, the actual usage and integration of Ripple's solutions can vary. Some companies may be in the pilot phase, while others may have fully integrated Ripple's technology into their operations. For the most up-to-date information, you can check Ripple's official website or follow their news updates.
XRP's Remarkable Surge Sparks Speculation of Further Growth
According to U.Today, XRP, currently the third largest cryptocurrency, has captured significant attention in the market due to its recent price movements. As a longstanding player in the digital asset space, XRP has experienced a notable surge, with its price reaching approximately $2.5 per coin. This marks a significant recovery, positioning it just 33.3% below its all-time high from January 2018.
The cryptocurrency's market capitalization has also seen a dramatic increase, rising from around $30 billion to $143 billion, making it the third largest by market cap, trailing only Bitcoin (BTC) and Ethereum (ETH). Despite these impressive gains, some experts believe that XRP's growth may not have reached its peak. A well-known trader in the crypto community, known as "DonAlt," has suggested that XRP might be gearing up for another phase of growth, despite its recent 470% surge.
DonAlt's recent comments on social media have fueled speculation about the potential for further increases in XRP's value. This has led to discussions among market participants about the possibility of XRP surpassing not only Ethereum but potentially Bitcoin as well. While such predictions remain speculative, the current momentum of XRP has certainly sparked interest and debate within the cryptocurrency community.