Trident Digital seeks stablecoin licenses in Africa for Ripple USD

Trident Digital Tech Holdings Ltd (TDTH), a Singapore-based company, is actively seeking regulatory approvals to operate stablecoins in several African countries. The company’s goal is to facilitate the adoption of Ripple USD (RLUSD), a U.S. dollar-pegged stablecoin, to improve financial inclusion and digital payment systems across the continent.

This initiative is part of a broader strategy by Trident Digital to deepen its integration with the Ripple ecosystem. The company has also announced plans to raise up to $500 million to establish a corporate XRP treasury.

Trident Digital Tech Holdings Ltd (TDTH), a Singapore-based company, is actively seeking regulatory approvals to operate stablecoins in several African countries. The company’s goal is to facilitate the adoption of Ripple USD (RLUSD), a U.S. dollar-pegged stablecoin, to improve financial inclusion and digital payment systems across the continent.

This initiative is part of a broader strategy by Trident Digital to deepen its integration with the Ripple ecosystem. The company has also announced plans to raise up to $500 million to establish a corporate XRP treasury.

Trident Digital is currently in discussions with regulatory authorities and local partners in Africa to understand licensing requirements and infrastructure needs. The company aims to begin a phased rollout of its services in pilot countries by mid-2026, pending the necessary approvals.

This move comes at a time when other stablecoin issuers, such as Circle (USDC) and Visa, are also making inroads in the African market. Stablecoins have been gaining popularity in Africa as a tool to navigate issues like high inflation and currency depreciation, making them attractive for cross-border payments and asset preservation. Several African countries are also beginning to develop their own regulatory frameworks for stablecoins and other digital assets.

Trident Digital Tech Holdings Ltd (TDTH), a Singapore-based company, is actively seeking regulatory approvals to operate stablecoins in several African countries. The company’s goal is to facilitate the adoption of Ripple USD (RLUSD), a U.S. dollar-pegged stablecoin, to improve financial inclusion and digital payment systems across the continent.

 

This initiative is part of a broader strategy by Trident Digital to deepen its integration with the Ripple ecosystem. The company has also announced plans to raise up to $500 million to establish a corporate XRP treasury.

Trident Digital is currently in discussions with regulatory authorities and local partners in Africa to understand licensing requirements and infrastructure needs. The company aims to begin a phased rollout of its services in pilot countries by mid-2026, pending the necessary approvals.

 

This move comes at a time when other stablecoin issuers, such as Circle (USDC) and Visa, are also making inroads in the African market. Stablecoins have been gaining popularity in Africa as a tool to navigate issues like high inflation and currency depreciation, making them attractive for cross-border payments and asset preservation. Several African countries are also beginning to develop their own regulatory frameworks for stablecoins and other digital assets.

Trident Digital is currently in discussions with regulatory authorities and local partners in Africa to understand licensing requirements and infrastructure needs. The company aims to begin a phased rollout of its services in pilot countries by mid-2026, pending the necessary approvals.

This move comes at a time when other stablecoin issuers, such as Circle (USDC) and Visa, are also making inroads in the African market. Stablecoins have been gaining popularity in Africa as a tool to navigate issues like high inflation and currency depreciation, making them attractive for cross-border payments and asset preservation. Several African countries are also beginning to develop their own regulatory frameworks for stablecoins and other digital assets.