Trident Digital Tech Holdings (TDTH) has unveiled a new Africa-focused blockchain initiative through a strategic partnership with Ripple, aimed at building a stablecoin-powered payment and settlement system across the continent.
The collaboration will leverage Ripple’s RLUSD stablecoin infrastructure to support Trident’s expansion into African financial markets, with an initial rollout planned in Ghana.
Under the agreement, the project will introduce a blockchain-enabled platform designed to support payments, automate tax reporting, and improve transparency in government revenue systems. The system is expected to target approximately 2.1 million micro, small, and medium-sized enterprises (MSMEs) in its first phase.
The platform will integrate stablecoin-based settlement, allowing businesses to transact using digital dollars while reducing reliance on traditional banking rails. It will also include mechanisms for automated tax collection, positioning the infrastructure as both a payment and compliance tool.
Stablecoin infrastructure targets payments and FX challenges
A central component of the initiative is the use of RLUSD-backed settlement to enable faster and lower-cost transactions. The system is also designed to facilitate real-time foreign exchange between the U.S. dollar and local currencies, beginning with the Ghanaian cedi through dedicated liquidity pools.
The companies said the platform will support continuous, 24/7 transactions while providing access to global dollar liquidity through Ripple’s network, which spans more than 90 markets. This approach is intended to address persistent challenges across African markets, including high remittance costs, currency volatility, and limited access to efficient cross-border payment systems.
Combining stablecoins with blockchain-based settlement will create a more predictable and transparent financial environment for businesses operating across borders.
Pilot programs are scheduled for mid-2026, subject to regulatory approvals in multiple African jurisdictions.The initiative reflects increasing activity around stablecoin adoption in Africa, where digital dollar instruments are gaining relevance as tools for payments, savings, and cross-border trade.
Read also: GMX launches tokenized gold and silver trading on-chain

