RedotPay Partners With Ripple to Enable Instant Crypto-to-Naira Cashouts in Nigeria

 

RedotPay has announced a strategic integration with Ripple to deliver instant crypto-to-fiat cashouts for users in Nigeria. With this upgrade, Nigerians can now convert their digital assets into Nigerian naira (NGN) and receive funds directly in their local bank accounts within minutes.

This development positions RedotPay as one of the fastest-growing crypto-payment solutions in Africa, especially as demand for seamless off-ramp services continues to rise across the continent.

A Major Boost for Crypto Liquidity in Nigeria

Nigeria remains one of the world’s leading markets for cryptocurrency adoption, driven by high mobile penetration, strong interest among young users, and the need for faster, alternative payment systems. However, one of the biggest challenges has been converting crypto into naira quickly and safely.

RedotPay’s partnership with Ripple aims to solve that.

Using Ripple’s blockchain-powered payment infrastructure, RedotPay can now enable near-instant settlement, allowing users to bypass traditional delays often associated with crypto off-ramps. This means:

• Funds settle directly into Nigerian bank accounts

• No long waiting periods

• Reduced transaction costs

• Improved reliability and transparency

How the RedotPay Crypto-to-Naira Cashout Works

According to RedotPay, the process is simple and optimized for speed:

1. Users select the cryptocurrency they want to convert.

2. They choose the crypto-to-NGN payout option.

3. RedotPay processes the transaction using Ripple’s blockchain rails.

4. Funds are delivered to the user’s local bank account within minutes.

The platform’s goal is to make crypto off- ramping as easy as sending a mobile transfer.

Ripple’s Infrastructure Strengthens Cross-Border Payments

Ripple continues to expand its presence in Africa by partnering with fintechs and payment service providers that focus on emerging markets. Its technology offers high-throughput, low-cost, and fast settlements—ideal for regions where traditional remittance channels are expensive and slow.

RedotPay’s move is expected to drive:

• Faster cross-border crypto settlements

• More accessible remittance solutions for Nigerians abroad

• A smoother pathway for businesses using crypto for payments

Nigeria’s Growing Crypto Ecosystem Gains Another Player

With restrictions on traditional crypto trading channels in Nigeria easing in recent months, more companies are building tools to support digital asset usage. RedotPay’s integration with Ripple comes at a time when:

• More Nigerians are using crypto for payments.

• Demand for stable digital-to-fiat conversion continues to rise.

• Local businesses are exploring blockchain-based settlement solutions.

This innovation could strengthen Nigeria’s position as one of the most vibrant crypto markets in the world.

Final Thoughts

RedotPay’s adoption of Ripple’s payment infrastructure marks a significant milestone in Nigeria’s financial technology landscape. By enabling fast, secure, and direct crypto-to-naira cashouts, the platform is removing one of the major barriers to everyday crypto use.

As blockchain adoption accelerates across Africa, solutions like these will play a crucial role in connecting traditional finance with the growing digital economy.