•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
Ripple invested in Flutterwave’s Series E round on Monday, embedding RLUSD and the XRP Ledger into what the companies describe as Africa’s largest payments infrastructure. The move comes as XRP pulls back after a reported 9% breakout the prior day.
Flutterwave processes more than one billion transactions worth over $50 billion and operates across Africa, with Nigeria as its primary hub. The Series E round values the company at $3.2 billion.
Ripple’s strategic investment includes three integrations for Flutterwave’s platform:
Ripple Managing Director for MEA Reece Merrick said: “Our investment will establish RLUSD within that infrastructure, with Flutterwave driving stablecoin flows over the XRPL and deepening its role as a settlement layer for real-world payments across the continent.”
The partnership also aims to reduce multi-day settlement delays and inflated FX margins that have historically constrained African cross-border commerce.
The Flutterwave agreement expands real-world RLUSD and XRPL transaction volume at a time when XRP is attempting a technical recovery after its worst weekly performance in years.
Africa is described as one of the highest-volume remittance corridors globally. Embedding RLUSD as a primary settlement asset across Flutterwave’s billion-transaction network is positioned as utility demand tied to payments activity rather than speculative volume.
Following the prior day’s breakout, XRP is consolidating between the 0.5 Fibonacci level at $1.2071 and the 0.618 Fib at $1.2440.
The 20 EMA at $1.2082 is described as the key support level and is being tested. The article states that holding $1.2082 and reclaiming $1.2440 would target $1.2823, then $1.2964, and then $1.3633 on continuation.
Conversely, losing the 20 EMA on a daily close would weaken the breakout thesis and could lead to retests of $1.1702 and then $1.1246. The article characterizes post-breakout consolidation that holds the 20 EMA as consistent with a healthy recovery structure.
