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Ripple’s RLUSD Africa expansion has actually achieved a major milestone right now, crossing $700 million in market capitalization and establishing strategic partnerships across the continent. The development coincides with BlackRock’s confirmed participation in Swell 2025, which is highlighting growing institutional interest in Ripple’s stablecoin ecosystem. Ripple’s USD-backed Stablecoin RLUSD Arrives in Africa press release – Source: Ripple Ripple RLUSD Africa Expansion, $700M Market Cap & BlackRock Buzz Strategic African Partnerships Drive Ripple RLUSD Africa Expansion Source: Crypto News Australia The Ripple RLUSD Africa expansion was launched through partnerships with some key players like Chipper Cash, VALR, and also Yellow Card. These collaborations are providing African institutions access to stable digital dollars for cross-border payments, treasury management, along with on-chain settlement. According to the official announcement, RLUSD was actual...

JD.com and Alibaba’s Ant Group are pushing for the People’s Bank of China (PBOC) to approve the launch of a stablecoin pegged to the yuan in Hong Kong in an effort to challenge the dominance of US dollar-backed stablecoins. The two tech giants said that greenlighting a yuan-backed stablecoin could limit the dollar’s influence in global trade, according to a July 3 Reuters report that cited sources familiar with the matter.  JD.com And Ant Group Apply For Stablecoin Licenses According to the report, JD.com and Ant Group are currently preparing to apply for stablecoin licenses in both Hong Kong and Singapore.  JUST IN: 🇨🇳🇺🇸 China's tech giants like Alibaba's Ant Group are urging the central bank to authorise Yuan-based stablecoins to counter the growing influence of USD stables – Reuters The battle is ON! pic.twitter.com/qNYgG0k4UC — Radar 𝘸​ Archie🚨 (@RadarHits) July 3, 2025 JD.com ha...