Ripple Collaborates with Cippher Cash, This is the Goal!

Bittime - Ripple continues to expand its reach in the global financial sector. The blockchain network is currently collaborating with Cippher Cash, a leading fintech company in Africa. So, what impact will this have on XRP? Check here!

This collaboration aims to increase the efficiency of cross-border transactions in Africa by utilizing blockchain technology and the digital asset XRP. This move strengthens Ripple's commitment to developing a faster, cheaper and more transparent payments ecosystem on the continent.

Details of Ripple Cooperation with Cippher Cash

On March 27 2025, Ripple announced a collaboration with an African fintech company, Cippher Cash. With the integration of Ripple Payments technology and the use of XRP as the primary liquidity asset, users in Africa can now enjoy faster and more efficient cross-border transactions.

Cippher Cash is one of Africa's leading fintech companies serving more than 5 million customers in nine countries. With this collaboration, Ripple wants to strengthen its position in the digital financial sector in Africa, especially in the fast-growing remittances industry. 

Reece Merrick, Ripple's Managing Director for the Middle East and Africa region, stated that this collaboration will help African consumers and businesses to better understand and utilize blockchain technology in everyday life.

Read also: Ripple Agrees to Cancel Appeal to SEC, Case Close Soon?

Additionally, this collaboration is not the first for Ripple in Africa. Previously, Ripple had also partnered with Onafriq in 2023 to connect the African market with countries such as the UK, Australia and the GCC (Gulf Cooperation Council) region.

The Purpose of Ripple's Cooperation with Cippher Cash

Ripple and Cippher Cash share a shared vision to create more inclusive financial solutions in Africa. Some of the main objectives of this collaboration include:

1. Speeding up Cross-Border Transactions

With the integration of Ripple technology, transactions between countries can be processed in seconds, much faster than traditional banking systems which take days.

2. Reducing Money Transfer Fees

Remittance fees in Africa are notoriously expensive, with deductions reaching 7-10% of the total transaction. By using XRP as a liquidity intermediary, transaction costs can be reduced significantly.

Read also: Ripple (XRP) Collaboration with 8 Big Companies, You Must Know!

3. Increasing Financial Access

Many individuals and businesses in Africa still have difficulty accessing banking services. With a blockchain-based system, more people can enjoy easier and more affordable financial services.

4. Driving Innovation in the Fintech Sector

This collaboration is expected to inspire further innovation in the African fintech industry, creating more sophisticated blockchain-based financial solutions in the future.

FAQ

1. What is Cippher Cash?

Cippher Cash is an African fintech company that provides digital payments and remittance services to millions of users in various countries on the continent.

2. What are the benefits of Ripple's collaboration with Cippher Cash for XRP users?

The use of XRP in cross-border transactions could increase demand and adoption of this asset, potentially having a positive impact on the price of XRP.

3. Has Ripple had similar collaborations before?

Yes, Ripple has teamed up with Onafriq in 2023 to support cross-border transactions between Africa and various international markets.

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Reference 

ZyCrypto, Ripple Teams Up With Chipper Cash For Faster And Cheaper Cross-Border Payments Across Africa Using XRP, accessed March 28, 2025.

Author: Y