Ripple Drops its Cross Appeal and Expands into Africa
Ripple has agreed to drop its cross-appeal, allowing the SEC to keep $50 million of a $125 million fine and return the balance to Ripple.
On March 25, 2025, Stuart Alderoty, Ripple's chief legal adviser, shared this update, marking a positive turn for Ripple, the XRP community, and the crypto industry. This settlement provides Ripple with a solid foundation for continued growth.
On March 27, Ripple announced an exciting expansion, highlighting Africa's evolving payment landscape. Partnering with Chipper Cash, Ripple aims to enable faster and more cost-effective cross-border payments into Africa using Ripple Payments.
This collaboration underscores Ripple's commitment to leveraging crypto-enabled transactions for financial innovation on the continent.