digital-asset-custody

Why Absa Bank Chose Ripple to Secure Its Digital Future

TL: DR,     With Nigeria alone processing over $660 million in blockchain transactions, the Ripple-Absa partnership introduces regulated digital asset custody to meet Africa’s surging institutional demand. Ripple’s enterprise custody stack brings FSCA-aligned, multi-signature, cold storage and audit controls, giving banks a compliant, lower-risk path into tokenization. Absa moves from pilots to production—powering treasuries, tokenized portfolios,…

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blockchain-drought-insurance

Kenya Pilot Proves Blockchain Drought Insurance Viability

Ripple concludes Kenya drought insurance pilot combining NDVI satellite triggers, Ethereum smart contracts, and RLUSD stablecoins for 517 Laikipia pastoralists.
Automated payouts at 0.55-0.61 NDVI thresholds eliminate bureaucratic delays; favorable vegetation validated escrow-based process, expanding Phase 2 to 533 beneficiaries with $40K funding ($75 coverage). BNY Mellon manages cash and US Treasury reserves backing RLUSD ($501M market cap, $52T AUM custodian). Mercy Corps Venture collaboration delivers scalable climate risk mitigation blueprint for 23 drought-affected counties.

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