Publicly Listed Company Trident Digital Plans to Promote RLUSD Stablecoin Business in Africa
According to ChainCatcher, citing 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 adoption of RLUSD in the African market. The company also plans to raise $500 million to establish an enterprise XRP reserve, further strengthening its integration with the Ripple ecosystem.
The company is currently in preliminary discussions with regulatory and financial institutions in various countries and expects to begin phased deployment in pilot countries by mid-2026.
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