Ripple $2.36He established a strategic cooperation with African -based financial technology company Chipper Cash in order to provide speed and cost advantages in cross -border payments. This partnership, integrated by Ripple Payments technology, aims to facilitate and make payment processes in the region more efficient. Supported by Blockchain infrastructure, this cooperation can contribute to the increase in financial inclusion in the African market.
Ripple African General Manager Reece Merrick pointed out that this move offers a serious opportunity not only for technology but also for economic growth and innovation. Chipper Cash is said to cooperate from the façade, faster and more cost -effective transaction opportunities for users.
Processing infrastructure strengthened with blockchain
The agreement between Ripple and Chipper Cash coincides with a period in which international payments are reshaped. This cooperation, which brings the advantages of Blockchain -based technologies to the payment infrastructure, aims to simplify users’ cross -border money sending processes. Ripple’s technology, which offers lower trading costs compared to traditional banking systems, can create a more accessible financial environment for individuals and businesses living in different parts of the continent.
According to Reece Merrick, this integration is a step that will provide support not only for individual users, but also to the growth of local economies. The fact that Chipper Cash has millions of users and operates at different points of Africa increases the potential of this cooperation.
Expanding Partnership Network and Legal Processes
Before his cooperation with Chipper Cash, Ripple had taken important steps to strengthen his existence in Africa. The chain of collaboration, which started with African -based Onafriq in 2023, was moved to a global dimension with the agreement with the leading foreign exchange company of Portugal in Europe. These developments show that Ripple continues its global strategy in the field of cross -border payment.
On the other hand, new developments in the ongoing legal process between Ripple and regulatory institutions in the United States draw attention. The adoption of ETF applications for the XRP has led to comments that flexibility can be achieved in the regulations. According to experts, such legal developments prepare a more suitable ground for companies such as Ripple to develop new collaborations.
Chipper Cash CEO Ham Serunjogogi said that the network offered by Ripple technology will allow users to receive faster payment and pay less processing fees. This statement indicates that the use of new generation payment technologies in Africa will become increasingly widespread.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
