The listed company Trident Digital plans to promote the RLUSD stablecoin business in Africa
Aug 8, 2025 21:13:42
according to GlobeNewswire, Trident Digital Tech Holdings (NASDAQ: TDTH) announced today that it plans to apply for stablecoin operating licenses in several African countries to promote the application of RLUSD in the African market. The company also plans to raise $500 million to establish a corporate XRP reserve, strengthening its integration with the Ripple ecosystem.
The company is currently in preliminary discussions with regulatory authorities and financial institutions in various countries, and it is expected to begin phased deployment in pilot countries by mid-2026.