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Ripple Partners With Absa Bank To Launch Crypto Custody In Africa

ByKapil RajyaguruOctober 16, 2025, 3:30 PM1 Mins read158 Views

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Ripple Partners With Absa Bank To Launch Crypto Custody In Africa | 3.0 TV (3versetv)

Ripple, the payment focused layer 1 (L1) blockchain network, is expanding its digital asset footprint across Africa. The company announced a partnership with Absa Bank, one of South Africa’s largest financial institutions, to provide institutional-grade digital asset custody services.

Ripple’s global custody network now spans Europe, the Middle East, Asia-Pacific, and Latin America. The company has also partnered with Chipper Cash to power crypto-enabled payments in Africa and recently introduced its USD-backed stablecoin, RLUSD, to the continent.

Ripple teaming up with Absa shows Africa’s finance scene is changing. The partnership is meant to build trust in cryptocurrency and make it easier for more people and institutions to join crypto safely.

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Written by

Kapil Rajyaguru -

Kapil Rajyaguru is a news editor at 3.0 TV with over 15 years of professional writing experience and more than four years dedicated to the cryptoverse.

An engineer by education and a writer by passion, Kapil brings a rare mix of technical insight and storytelling finesse. A firm believer that cryptocurrencies, blockchain and AI are the building blocks of the future, he crafts in-depth news and analysis to educate, empower and prepare the masses for the next frontier of Web3.

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