Ripple is extending its USD-backed stablecoin, RLUSD, to institutional users in Africa through partnerships with distributors like Chipper Cash, VALR, and Yellow Card. This expansion aims to enhance financial accessibility and stability across the continent. Additionally, Mercy Corps Ventures is piloting RLUSD in Kenya for climate risk insurance, where stablecoin funds are automatically disbursed based on satellite data indicating drought conditions. Another pilot involves rainfall insurance, with payouts triggered by extreme weather events.