Ripple Just Announced Something BIG | XRP Holders Better Watch

Ripple's Expansion and Partnerships - Ripple is experiencing rapid expansion, marked by frequent updates in ROUSD and custody solutions [1] - Ripple's partnerships with Chipper Cash, Valor, and Yellow Card are facilitating cost-effective and fast money transfers across Africa [2] - Ripple is expanding its presence in the Middle East through partnerships, building on its Dubai regulatory license to accelerate crypto adoption and launch pilot projects [4] - Ripple's global custody network now includes clients across Europe, the Middle East, Asia-Pacific, Latin America, and Africa [12] - Ripple is actively collaborating with the BIS (Bank for International Settlements) on cross-border payments initiatives, aligning with G20 targets [36] ROUSD Adoption and Growth - ROUSD monthly transfer volume increased by almost 100%, specifically 8634%, in the last 30 days, reaching $585 billion [5] - Total value of ROUSD increased by 1524% in the last 30 days, exceeding $840 million [5] - ROUSD monthly transfer volume is projected to reach $6 billion in October, surpassing September's high [6] Ripple Custody and Institutional Adoption - Absa South Africa, a leading African financial institution, is Ripple's first major custody partner in Africa, bringing institutional digital asset custody to South Africa [7] - Ripple's custody solution is considered trusted and meets the highest security and operational standards, confirming its significance in the institutional market [20][21] - Ripple's custody platform enables new use cases across tokenization, digital asset management, and stablecoin issuance, with strong ties to the XRP ledger [30][31] Absa Bank's Role and Influence - Absa Bank has total assets of over 2 trillion South African Rand, approximately $120 billion [32] - Absa Bank plays an active role in shaping economic policy and amplifying Africa's voice on the global stage through its partnerships with the G20 and B20 [35]