Ripple Partners with Absa Bank for Institutional Asset Custody
Ripple, a blockchain company, has partnered with Absa Bank, a major African bank, to provide institutional-grade digital asset custody services in South Africa.
This collaboration enables secure digital asset custody solutions in the country, expanding Ripple's presence in emerging markets. Recently, Ripple also collaborated with Bahrain FinTechBay to build secure digital asset ecosystems in the Middle East.
Africa has seen increased adoption of stablecoins for cross-border payments. Ripple is working with platforms like Chipper Cash, VALR, and Yellow Card to enhance financial accessibility across the continent.
Ripple continues to advance blockchain solutions for payments, custody, and stablecoins, as South Africa's regulatory progress enables institutional adoption of digital asset infrastructure.
Ripple teams with Absa South Africa for digital asset custody, enabling secure institutional-grade custody solutions in the country.Author's summary: Ripple partners with Absa Bank.
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