Ripple has secured another key foothold in global remittances via XRP, this time in Africa’s largest market.
Specifically, RedotPay, a stablecoin payment fintech, has integrated Ripple Payments to power instant digital-asset-to-Naira settlements. The partnership introduces a new feature called “Send Crypto, Receive NGN”. It allows users to convert crypto to Nigerian naira and receive funds in local bank accounts within minutes.
The launch positions Ripple and RedotPay at the center of one of the world’s most active crypto markets. Nigeria consistently ranks among the top countries for global adoption and search interest.
Instant NGN Payouts Through Ripple Payments
RedotPay’s integration with Ripple Payments aims to solve long-standing issues in cross-border transfers. Global remittances still carry average fees above 6% and often take several days to settle. By contrast, RedotPay’s new feature offers near-instant payout and transparent pricing.
The service supports a wide list of major assets at launch. They include USDT, USDC, BTC, XRP, ETH, SOL, TRX, TON, and BNB. Meanwhile, there is an ongoing plan to introduce Ripple’s stablecoin RLUSD later.
Verified users simply send XRP or any supported crypto from RedotPay, and NGN is deposited directly into a local bank account.
RedotPay CEO Michael Gao called the milestone a significant step toward making stablecoin payments “as easy to use as local currency”. Gao stressed that with the integration, users can now move value quickly, securely, and affordably.
Ripple says the partnership reflects the real-world utility of its enterprise payment stack. Jack Cullinane, Head of Commercial for APAC, noted that Ripple Payments removes friction from global transfers, making cross-border transactions faster and more reliable.
Nigeria’s Crypto Landscape
Nigeria remains a global crypto hotspot, ranking sixth in Chainalysis’ 2025 Global Adoption Index. But the regulatory environment has been volatile.
Over the past year, the Nigerian SEC overhauled marketing and advertising rules for crypto firms. The government previously filed a lawsuit against Binance, accusing the exchange of harming the naira and owing back taxes.
Meanwhile, officials later clarified that many crypto businesses continue to operate without prosecution, and the SEC signaled openness to compliant stablecoin services.
The environment has created a strong demand for regulated, fast, affordable digital payment infrastructure.
Expanding Into More Emerging Markets
The NGN service builds on RedotPay’s growing multi-market payout network, which already includes “Send Crypto, Receive MXN” in Mexico and “Send Crypto, Receive BRL” in Brazil. The product targets freelancers, digital nomads, small businesses, and expatriates who need efficient ways to move funds across borders.
Meanwhile, RedotPay has expanded rapidly in recent times. In September, the firm announced that it reached unicorn status following a $47 million strategic investment round backed by Coinbase, Galaxy, Vertex Ventures, and others.
Ripple is also expanding internationally. This week, it got approval from Singapore’s central bank to grow its payment operations. Its RLUSD stablecoin was also cleared for institutional use in Abu Dhabi.
Through its partnership with RedotPay, Ripple Payments is now entering Africa’s largest market, making XRP and Ripple’s stablecoin network a key part of cross-border payments in emerging markets.