Ripple Partners with Absa Bank to Offer Digital Asset Custody Services in South Africa

According to Foresight News, Ripple has announced a strategic partnership with South Africa's Absa Bank to provide digital asset custody services for the bank's clients in the region. Through this collaboration, Absa will utilize Ripple's institutional-grade digital asset custody technology to offer storage solutions for tokenized assets, including cryptocurrencies. Earlier this year, Ripple revealed its plans to support Absa with cryptocurrency payment technology, aiding African payment provider Chipper Cash. Additionally, Ripple announced the introduction of its USD-backed stablecoin, RLUSD, to the African market source: https://www.binance.com/en/square/post/31038066311049?utm_source=BinanceNewsRSS