Ripple Backs $3.2B Flutterwave in Stablecoin Push as XRP Enjoys 8% Weekly Gains

Key highlights:

  • The XRP price surged 8% after Ripple invested in the African payments platform, Flutterwave.
  • The deal intends to expand stablecoin payments in Africa.
  • Flutterwave will integrate Ripple’s RLUSD, Ripple Payments, and XRP Ledger. 

Ripple announced a strategic collaboration and investment into the African payments giant Flutterwave. The move comes as part of Flutterwave’s vision of expanding the use of stablecoins for cross-border payments across Africa.

With this partnership, Flutterwave integrates Ripple’s , analyst Nebraskangooner shared a technical chart, which showcases the XRP price entering an accumulation phase.

While buyers are quietly building their positions before a larger move, they are waiting for a solid confirmation. According to the analyst, $1.34 emerges as a key point. If the token breaks above this resistance level, it could send the XRP price to a higher level. In the coming weeks, the Ripple token is expected to see a strong rally if it sustains its momentum.

Source:: Ripple Backs $3.2B Flutterwave in Stablecoin Push as XRP Enjoys 8% Weekly Gains

Updated: June 17, 2026 at 1:45 pm
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