RedotPay Partners With Ripple to Enable Instant XRP to Naira Conversions

TLDR:

• RedotPay integrates Ripple Payments to offer instant crypto-to-naira conversions for Nigerian users
• Platform supports ten cryptocurrencies with typical settlement times under five minutes for transfers
• Traditional remittances cost 6.49% on average while taking one to five business days to complete
• Service targets freelancers, digital nomads, and workers sending money across borders globally

RedotPay has partnered with Ripple to launch a new crypto-to-fiat service targeting Nigerian users. The Hong Kong-based fintech announced the integration on December 2, 2025. 

Users can now send XRP or stablecoins and receive naira in minutes. The feature supports ten cryptocurrencies including Bitcoin, Ethereum, and Tether.

RedotPay Tackles High Remittance Costs With Blockchain Solution

Global remittances currently cost an average of 6.49% in fees. Settlement times range from one to five business days. 

RedotPay aims to solve these pain points through its Ripple Payments integration. The new Send Crypto, Receive NGN feature offers transparent pricing and near-instant payouts.

Michael Gao leads RedotPay as CEO and co-founder. 

He stated the company is building stablecoin-powered payments to make digital assets as accessible as local currency. Verified users with Nigerian bank accounts can access the service. Transactions typically settle within minutes rather than days.

The platform currently supports USDC, USDT, BTC, ETH, SOL, TON, TRX, XRP, and BNB. 

Ripple’s RLUSD stablecoin will be added in the future. Users send their chosen cryptocurrency through RedotPay. The equivalent naira amount arrives directly in their local bank account.

Jack Cullinane serves as Head of Commercial for Asia Pacific at Ripple. He highlighted how the partnership demonstrates real-world utility for licensed payment solutions. 

The collaboration addresses friction points in cross-border transactions for consumers and businesses.

Nigeria Joins Growing List of RedotPay Payout Markets

RedotPay previously launched similar services in Brazil and Mexico. 

The Send Crypto, Receive BRL and Send Crypto, Receive MXN features preceded the Nigerian rollout. The company targets young workers including digital nomads and freelancers. People working abroad who need to send money home also benefit from the service.F

Chainalysis data shows Asia Pacific leads global growth in on-chain stablecoin activity. Trading and remittances drive most of this adoption. 

RedotPay is capitalizing on this regional trend through its payment infrastructure. The company uses enterprise-grade blockchain technology for speed and reliability.

The Nigerian market represents a significant opportunity for crypto remittances. 

Traditional money transfer services charge high fees and take days to process. RedotPay’s blockchain-based alternative offers a faster and cheaper option. The integration with Ripple Payments extends the fintech’s global reach across emerging markets.

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