RedotPay Integrates Ripple Payments to Expand Stablecoin Transfers

RedotPay has announced a new partnership with Ripple to improve its stablecoin payout infrastructure and broaden access to lower-cost cross-border transactions.

The fintech is launching its “Send Crypto, Receive NGN” feature, which allows users to convert digital assets into Nigerian naira (NGN) through Ripple Payments, Ripple’s licensed cross-border payment solution.

Crypto-to-NGN Transfers

The new NGN payout feature allows verified users with local bank accounts to convert supported digital assets directly into NGN, with settlement typically taking place within minutes.

According to RedotPay, the integration is intended to simplify the user experience and provide a more cost-effective alternative to traditional remittance channels.

Michael Gao, CEO and Co-Founder of RedotPay, said near-instant NGN payouts mark milestone for the platform. He notes that the company’s goal is to make stablecoin-based payments “as easy to use as local currency,” allowing users to send XRP or other supported assets and receive NGN securely and quickly.

Gao adds that the partnership with Ripple will extend RedotPay’s global reach while improving the reliability and accessibility of its services.

Targeting Long-Standing Remittance Inefficiencies

Global remittances continue to face structural challenges. Traditional transfers often involve high fees—averaging 6.49% globally—and settlement times ranging from one to five business days.

These inefficiencies have helped accelerate adoption of digital alternatives, with Chainalysis identifying Asia Pacific as the fastest-growing region for on-chain stablecoin usage, particularly for trading and remittances.

RedotPay said it aims to address these issues by leveraging Ripple Payments’ underlying blockchain infrastructure to deliver transparent pricing and accelerated settlement.

The NGN payout feature currently supports a wide range of cryptocurrencies including USDC, USDT, BTC, ETH, SOL, TON, S, TRX, XRP, and BNB, with Ripple’s RLUSD slated for future integration. Once a user sends a supported asset through RedotPay, the designated bank account receives NGN directly.

Jack Cullinane, Head of Commercial for Asia Pacific at Ripple, said the partnership highlights the real-world utility of Ripple Payments in reducing friction in cross-border transactions and improving accessibility for both consumers and businesses.

“Send Crypto, Receive NGN” expands on RedotPay’s existing multi-market offerings, which include BRL and MXN payouts. The service targets globally mobile users such as digital nomads, freelancers, and entrepreneurs, as well as individuals working abroad who require efficient ways to send funds back home. By extending its stablecoin-powered payout channels, RedotPay aims to broaden access to emerging markets where traditional remittance services remain slow and expensive.

Stablecoins for Wider Global Use

RedotPay said with the Ripple partnership strengthening its settlement infrastructure, the company plans to further scale its regional offerings and bring faster, more affordable crypto-enabled remittances to underserved markets.