Trident Digital Tech Holdings (TDTH) Seeks Stablecoin Licenses Across Multiple African Markets to Drive Ripple USD (RLUSD) Adoption
Rhea-AI Summary
Trident Digital Tech Holdings (NASDAQ: TDTH) has announced plans to pursue regulatory approvals for stablecoin operations across African countries, focusing on accelerating the adoption of Ripple USD (RLUSD). This initiative follows TDTH's recent commitment to raise $500 million for establishing one of the world's largest corporate XRP treasuries.
The company aims to leverage its experience with the successful DRCPass project in the Democratic Republic of the Congo to expand its blockchain infrastructure. TDTH plans to begin phased rollouts in pilot countries by mid-2026, targeting improved cross-border payments and digital dollar liquidity in African markets. The initiative builds on RLUSD's growing momentum, which has already achieved $500 million in circulating supply.
Positive
- Strategic plan to raise $500 million for establishing one of world's largest corporate XRP treasuries
- Successful track record with DRCPass project implementation in DRC
- Expansion into high-potential African stablecoin market with RLUSD integration
- Targeting multiple revenue streams through staking mechanisms and Ripple ecosystem integration
Negative
- Regulatory approval process across multiple African countries could face delays
- Implementation timeline extends to mid-2026, indicating lengthy deployment period
- Success dependent on regulatory frameworks and market readiness in target countries
News Market Reaction
On the day this news was published, TDTH declined 9.17%, reflecting a notable negative market reaction. Argus tracked a trough of -22.9% from its starting point during tracking. Our momentum scanner triggered 6 alerts that day, indicating moderate trading interest and price volatility. This price movement removed approximately $11M from the company's valuation, bringing the market cap to $107M at that time.
Data tracked by StockTitan Argus on the day of publication.
SINGAPORE, Aug. 08, 2025 (GLOBE NEWSWIRE) -- Trident Digital Tech Holdings Ltd (NASDAQ: TDTH), a Singapore-based leader in digital transformation and Web 3.0 activation, today announced plans to pursue regulatory approvals for stablecoin operations across several African countries. The initiative aims to accelerate adoption of Ripple USD (RLUSD) – Ripple’s U.S. dollar–pegged stablecoin – to enhance financial inclusion and digital payments infrastructure on the continent.
Strategic Background
TDTH recently took a pioneering step in corporate crypto strategy, launching a bold initiative to raise up to US
African Expansion for RLUSD
Building on its Web 3.0 infrastructure expertise and recent public–private partnership in the Democratic Republic of the Congo (DRC) to launch of “DRCPass,” TDTH is now extending its ambitions to the stablecoin arena. The company aims to secure stablecoin licenses — particularly for RLUSD — in multiple African markets. This will help unlock digital dollar liquidity, improve cross-border payments, and address current local currency liquidity challenges.
Why RLUSD in Africa Makes Sense
1）Stablecoin momentum: Ripple’s RLUSD has rapidly gained traction, reaching over US
2）Regional context: Innovation in stablecoin payments across Africa is already underway, including initiatives by Circle’s USDC in collaboration with Onafriq, and Visa’s pilot programs via Yellow Card in selected markets.
Quote from Leadership
“By pursuing stablecoin licenses and RLUSD adoption in Africa, we are furthering our mission to enable Web 3.0 transformations in emerging markets,” said Soon Huat Lim, Founder, Chairman, and CEO of Trident. “Our success with national digital identity systems and this bold new trajectory into stablecoins reflect our belief: blockchain-native assets can reshape financial infrastructure — safely, inclusively, and pragmatically.”
Next Steps
TDTH is in exploratory discussions with regulatory authorities, financial institutions, and local partners to understand licensing pathways and infrastructure needs. The goal is to begin phased rollouts in pilot countries by mid-2026, subject to existing legal frameworks and market readiness.
Company Overview
Trident Digital Tech Holdings is a Nasdaq-listed company dedicated to spearheading digital transformation, particularly through its flagship blockchain identity platform Tridentity. With projects like the RDCPass in the DRC — covering SIM-registration, e-government access, payments integration, and citizen identity for the population— TDTH has solidified itself as a trusted Web 3.0 infrastructure partner in emerging markets.
About Trident
Trident is a leading catalyst for digital transformation in technology optimization and Web 3.0 activation. Its flagship product, Tridentity, is a blockchain-based identity platform that is designed to deliver secure single-sign-on authentication across diverse industries. Trident’s mission is to become a global leader in Web 3.0 enablement, connecting organizations to reliable and secure digital infrastructure with optimized user experiences, with a strong focus on Southern Africa and other high-growth markets.
Safe Harbor Statement
This announcement contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), in its annual report to shareholders, in announcements and other written materials, and in oral statements made by its officers, directors, or employees to third parties. Statements that are not historical facts, including statements about the Company’s beliefs, plans, and expectations, are forward-looking statements. A number of factors could also cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: potential adverse reactions or changes to business relationships; adverse changes in general economic or market conditions; and actions by third parties, including government agencies; the Company’s strategies, future business development, and financial condition and results of operations; the expected growth of the digital solutions market; the political, economic, social and legal developments in the jurisdictions that the Company operates in or in which the Company intends to expand its business and operations; the Company’s ability to maintain and enhance its brand. Further information regarding these and other risks is included in the Company’s filings with the SEC. All information provided in this announcement is as of the date of this announcement, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
Investor & Media Contacts
Investor Relations
Robin Yang, Partner – ICR LLC
investor@tridentity.me | +1 (212) 321-0602
Media Relations
Brad Burgess, SVP – ICR LLC
brad.burgess@icrinc.com
FAQ
What is TDTH's plan for stablecoin expansion in Africa?
How much funding is TDTH raising for its XRP treasury initiative?
What is the current circulation supply of Ripple USD (RLUSD)?
What is TDTH's experience in African markets?
When will TDTH begin its African stablecoin operations?
