XRP News: Ripple Teams Up with Chipper Cash to Accelerate Cross-Border Payments in Africa
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Ripple, the global payments technology company, has announced a strategic partnership with Chipper Cash, a leading African financial technology firm, to enhance cross-border payments into Africa using Ripple Payments and the XRP cryptocurrency. This collaboration marks a significant milestone for Ripple in strengthening its presence in Africa’s rapidly expanding digital payments sector.
Ripple Partners with Chipper Cash for Faster Cross-Border Payments in Africa Using XRP
Ripple has collaborated with African financial technology firm Chipper Cash to facilitate cross-border payments into the continent through Ripple Payments and the XRP cryptocurrency. This marks Ripple’s second significant partnership with an African payments-focused FinTech, strengthening its presence in the continent’s rapidly growing digital payments sector. According to a March 27 announcement, Chipper Cash will integrate Ripple’s blockchain-based payment solutions, enabling faster, cheaper, and more efficient settlements for cross-border transactions. With this integration, customers can receive funds from anywhere in the world around the clock.
Ripple & Chipper Cash Boost African Remittances
Ripple and Chipper Cash have collaborated to streamline cross-border remittances in Africa, offering faster and more cost-effective transactions using blockchain technology. Chipper Cash will integrate Ripple Payments into its platform, leveraging the efficiency of blockchain to facilitate seamless international money transfers. Reece Merrick, Ripple’s managing director for the Middle East and Africa, emphasized the importance of this partnership, stating that it will enable faster, more affordable cross-border payments while driving economic growth and innovation.
Peter Brandt Issues Major XRP Price Update: ’We Are Now Range Bound’
XRP’s price has shown resilience in the last 30 days, hovering within the $2 range. Peter Brandt, a well-known trader, has noted a ’Head and Shoulder’ (H&S) pattern with XRP, signaling a potential reversal from a bullish to a bearish trend. According to Brandt, the H&S structure indicates the end of an upward price movement, heralding a potential downward trend for XRP. Currently, XRP is trading within a price range, suggesting that the coin has yet to break out.
XRP Lawsuit News: SEC Officially Dismisses Lawsuit Against Kraken, Omits Ripple Case
After years of legal battles, the U.S. Securities and Exchange Commission (SEC) has officially decided to drop its appeal against Ripple. Ripple, which faced accusations from the SEC regarding its sale of XRP tokens, has now emerged victorious, as the judge ruled in favor of Ripple multiple times. The SEC’s decision to appeal earlier this year in January, even after the resignation of former chairman Gary Gensler, frustrated many, including Ripple. However, with the dismissal of the appeal, the legal uncertainty surrounding Ripple has now officially ended. Following the dismissal of the appeal, excitement surged in the crypto market.
