Trident Digital Tech Holdings Ltd, a Singapore-based leader in digital transformation, has announced its intention to secure stablecoin licences in multiple African countries to promote the adoption of Ripple USD (RLUSD), a US dollar-pegged stablecoin. This initiative is part of the company’s strategy to enhance financial inclusion and digital payments infrastructure across the continent.
The company recently embarked on a significant corporate crypto strategy, aiming to raise up to $500 million to establish one of the largest corporate XRP treasuries globally. This move highlights Trident’s commitment to decentralised finance as a driver of global financial evolution. Building on its expertise in Web 3.0 infrastructure and a recent public-private partnership in the Democratic Republic of the Congo, Trident is now focusing on the stablecoin sector.
Ripple’s RLUSD has quickly gained momentum, with over $500 million in circulating supply shortly after its issuance. The African market is already witnessing innovation in stablecoin payments, with initiatives like Circle’s USDC and Visa’s pilot programmes. Trident’s Founder, Chairman, and CEO, Soon Huat Lim, stated, “By pursuing stablecoin licences and RLUSD adoption in Africa, we are furthering our mission to enable Web 3.0 transformations in emerging markets.”
Trident is currently in discussions with regulatory authorities, financial institutions, and local partners to explore licensing pathways and infrastructure needs. The company plans to begin phased rollouts in pilot countries by mid-2026, contingent on legal frameworks and market readiness. This expansion underscores Trident’s role as a trusted Web 3.0 infrastructure partner in emerging markets.
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