Africa’s crypto payments ecosystem is entering a more practical phase. Ripple and RedotPay have launched a new payout service in Nigeria that allows users to convert cryptocurrencies into naira and receive funds directly in local bank accounts, often within minutes.
The rollout positions Nigeria as a key market in Ripple’s expanding focus on real-world crypto payments. Built on Ripple Payments, the service enables fast settlement for assets including XRP, USDC, USDT, Bitcoin, and Ethereum, bridging digital assets with Nigeria’s banking system in a single flow.
At its core, the service simplifies crypto off-ramps. Instead of navigating multiple platforms or relying on slow international transfers, users can send crypto through RedotPay while beneficiaries receive naira seamlessly. RedotPay manages liquidity, conversion, and local settlement, removing much of the friction typically associated with crypto-to-fiat payouts in emerging markets.
The relevance for Nigeria is clear. As Africa’s largest recipient of remittances and one of the continent’s most active crypto markets, Nigeria has long relied on informal channels and costly intermediaries to move money across borders. By linking global crypto liquidity directly to domestic bank accounts, the Ripple–RedotPay integration offers a faster, more cost-efficient alternative.
The service also speaks directly to everyday use cases. Freelancers earning in crypto, diaspora senders supporting family back home, merchants settling digital payments, and traders seeking quick liquidity all stand to benefit from instant naira access without prolonged settlement windows.
RedotPay has previously rolled out similar crypto-to-fiat payout rails in markets such as Brazil and Mexico, signaling that the Nigeria launch is part of a broader expansion strategy across emerging economies. Africa’s inclusion underlines a growing recognition that the continent is not a fringe market but a core driver of crypto utility.
For Ripple, the partnership reinforces its long-standing focus on cross-border payments powered by blockchain rather than speculative trading. By working with licensed partners and integrating local banking infrastructure, the company continues to position crypto as payment infrastructure rather than an isolated asset class.
For Web3 builders and fintech operators, the development sends a clear message: adoption is increasingly defined by execution. Payment rails that integrate smoothly with local systems, fast, compliant, and easy to use, are becoming the foundation of the next phase of blockchain growth on the continent.
As crypto matures globally, services like this highlight where momentum is heading. In markets like Nigeria, blockchain is steadily moving beyond experimentation toward everyday financial utility, turning digital assets into tools that move value, not just trade it.
