Trident Digital Tech Holdings Ltd , a Singapore-based leader in digital transformation and Web 3.0 activation, has announced plans to pursue regulatory approvals for stablecoin operations across several African countries. The initiative aims to accelerate adoption of Ripple USD RLUSD - Ripple's U.S. dollar-pegged stablecoin - to enhance financial inclusion and digital payments infrastructure on the continent.
Strategic BackgroundTDTH recently took a pioneering step in corporate crypto strategy, launching a bold initiative to raise up to US 500 million to establish one of the world's largest corporate XRP treasuries. The company plans to leverage staking mechanisms and deepen its integration with the Ripple ecosystem. This move underscores TDTH's commitment to decentralized finance as a catalyst for global financial evolution.
African Expansion for RLUSDBuilding on its Web 3.0 infrastructure expertise and recent public-private partnership in the Democratic Republic of the Congo DRC to launch of "DRCPass," TDTH is now extending its ambitions to the stablecoin arena. The company aims to secure stablecoin licenses - particularly for RLUSD - in multiple African markets. This will help unlock digital dollar liquidity, improve cross-border payments, and address current local currency liquidity challenges.
