The post Ripple Exec: ‘We’re Seeing Tremendous Traction’ as Adoption Soars in Africa appeared on BitcoinEthereumNews.com. In a recent tweet, Ripple Senior Executive Officer/Managing Director, Middle East and Africa, Reece Merrick highlighted that the company is gaining “tremendous traction” in Sub-Saharan Africa and Turkey. This comes amid increasing crypto adoption, with the Ripple CEO highlighting that these two regions are adopting crypto faster than almost anywhere else. According to Merrick, in regions battered by inflation, currency crashes and financial exclusion, crypto is not just hype but a necessity. Sub-Saharan Africa & Turkey are adopting crypto faster than almost anywhere else In regions battered by inflation, currency crashes, and financial exclusion, crypto isn’t just hype; it’s a necessity. Let’s break it down: Sub-Saharan Africa: Transactions exploded 52% to $205B… — Reece Merrick (@reece_merrick) November 25, 2025 The Ripple exec outlines the figures supporting this: in Sub-Saharan Africa, transactions exploded 52% to $205 billion from the duration of July 2024 to June 2025, with stablecoins dominating 43% of volumes. In Turkey, the lira’s plunge — with 80% lost in value since 2021 — coupled with 70% inflation have resulted in a crypto boom, with over 50% adults reportedly owning crypto. Merrick added that with regulation progressing, Ripple is seeing “some tremendous traction” in both jurisdictions. In March, Ripple announced a partnership with payments provider Chipper Cash to support cross-border payments into Africa using Ripple Payments. Ripple’s partnership with Chipper Cash, which has five million customers in nine countries across Africa expands its payments footprint on the continent, starting with Onafriq in 2023. The Ripple Impact drought insurance pilot in Kenya concluded in June and successfully insured 517 new pastoralists (70% women) against drought using RLUSD. XRP news XRP surged as much as 9%, reaching a high of $2.28 as new ETF launches spurred optimism. At press time, XRP was up 7.21% in the last 24 hours to $2.20.… The post Ripple Exec: ‘We’re Seeing Tremendous Traction’ as Adoption Soars in Africa appeared on BitcoinEthereumNews.com. In a recent tweet, Ripple Senior Executive Officer/Managing Director, Middle East and Africa, Reece Merrick highlighted that the company is gaining “tremendous traction” in Sub-Saharan Africa and Turkey. This comes amid increasing crypto adoption, with the Ripple CEO highlighting that these two regions are adopting crypto faster than almost anywhere else. According to Merrick, in regions battered by inflation, currency crashes and financial exclusion, crypto is not just hype but a necessity. Sub-Saharan Africa & Turkey are adopting crypto faster than almost anywhere else In regions battered by inflation, currency crashes, and financial exclusion, crypto isn’t just hype; it’s a necessity. Let’s break it down: Sub-Saharan Africa: Transactions exploded 52% to $205B… — Reece Merrick (@reece_merrick) November 25, 2025 The Ripple exec outlines the figures supporting this: in Sub-Saharan Africa, transactions exploded 52% to $205 billion from the duration of July 2024 to June 2025, with stablecoins dominating 43% of volumes. In Turkey, the lira’s plunge — with 80% lost in value since 2021 — coupled with 70% inflation have resulted in a crypto boom, with over 50% adults reportedly owning crypto. Merrick added that with regulation progressing, Ripple is seeing “some tremendous traction” in both jurisdictions. In March, Ripple announced a partnership with payments provider Chipper Cash to support cross-border payments into Africa using Ripple Payments. Ripple’s partnership with Chipper Cash, which has five million customers in nine countries across Africa expands its payments footprint on the continent, starting with Onafriq in 2023. The Ripple Impact drought insurance pilot in Kenya concluded in June and successfully insured 517 new pastoralists (70% women) against drought using RLUSD. XRP news XRP surged as much as 9%, reaching a high of $2.28 as new ETF launches spurred optimism. At press time, XRP was up 7.21% in the last 24 hours to $2.20.…