Digest Business Markets Technology

Coinbase, Ripple, and Mastercard: Partnerships That Are Shaping the Future of Cryptocurrency

In Brief

In the realm of cryptocurrencies, we are observing a wave of collaborations that are transforming payment processes, custodial approaches, and tokenization across diverse industries. Coinbase has initiated its venture into Nigeria, and Ripple is strategically positioning itself in South Korea, together these moves are quietly forging a path for a greater fusion of crypto with financial operations and everyday transactions.

The cryptocurrency scene is constantly evolving, and just last week, we saw partnerships that have the potential to revolutionize payments, custody, and tokenization in various sectors. Coinbase has initiated operations in Nigeria while Ripple is strategically extending its reach in South Korea, both of which are crucial to building a stronger foundation for crypto's integration into global finance and everyday transactions.

Coinbase and Onboard Global are Revolutionizing P2P Payments in Nigeria

Coinbase is teaming up with Onboard Global aiming to simplify cryptocurrency access for Nigerians, which marks a significant development in its African outreach.

With this alliance, users in Nigeria can trade digital assets effortlessly through Onboard P2P, a peer-to-peer platform that connects buyers with vetted local sellers. Transactions below $100 can proceed without extensive ID authentication, allowing more individuals to easily engage with crypto markets.

This partnership signifies a major shift for Coinbase, which has previously sidestepped direct operations in Nigeria due to regulatory challenges. By leveraging Onboard Global's established compliance framework, Coinbase can mitigate much of the associated risks, allowing Onboard to manage identity verification and transaction supervision.

The joint effort aims to balance streamlined access with regulatory compliance, providing Nigerians an easier route into the global cryptocurrency marketplace.

Additionally, this partnership utilizes Base, Coinbase's layer-2 blockchain built on Ethereum, giving users in Nigeria exposure to a vast array of over 500 tokens with reduced fees and quicker transaction times.

Backed by Nestcoin, Onboard Global is enhancing purchasing alternatives through its collaboration with Onramper, linking Nigerians to platforms like Yellow Card, Alchemy Pay, and LocalRamp, whether they wish to use bank transfers, virtual accounts, or engage in peer-to-peer trading.

Ripple and BDACS are Expanding their Influence in South Korea

Ripple has joined forces with BDACS , a prominent digital asset custodian in South Korea, aimed at bolstering its presence in the region.

Through this collaboration, BDACS will incorporate Ripple Custody, a robust, institutional-quality solution for the secure management of XRP, RLUSD, and other digital assets. This partnership, unveiled on February 26, aligns with the regulatory roadmap set by South Korea’s Financial Services Commission, which seeks to simplify the approval process for institutions entering the cryptocurrency sector.

BDACS will capitalize on Ripple’s extensive experience in the field, which is fortified by more than 60 global regulatory licenses, providing secure storage, facilitating asset tokenization, and enabling smooth digital transactions.

BDACS's CEO, Harry Ryoo, underscored that this strategic move would not only enhance their custodial offerings but also empower the XRP Ledger (XRPL), developers, and blockchain collaborators, fostering greater acceptance and use within Ripple's ecosystem.

This collaboration emerges at a crucial juncture when BDACS has rapidly broadened its reach in tokenized securities and the tokenization of real-world assets. They have already established partnerships with major blockchain protocols like Avalanche and Polymesh, as well as Woori Bank, one of Korea's leading financial institutions.

With South Korea encouraging corporate engagement in cryptocurrencies and establishing clear regulations for stablecoins, BDACS is well-positioned to meet the rising demand for secure custody services. Ripple’s advanced technology will enable BDACS to enhance its offerings, fostering wider blockchain integration and bridging the traditional finance world with decentralized innovation.

Ondo Achieving a Milestone with MTN

Ondo Finance has become the first provider of real-world assets (RWA) to integrate with Mastercard’s Multi-Token Network (MTN), , an important step in connecting tokenized finance with conventional banking systems.

This partnership allows Ondo's tokenized U.S. government treasury fund (OUSG) to feature on MTN, granting businesses the opportunity to earn daily yields through tokenized treasury assets — all accessible with 24/7 subscription and redemption options, effectively eliminating the need for stablecoin onramps or time-limited settlement periods.

This collaboration highlights how traditional payment frameworks can establish direct connections with public blockchain assets, navigating operational hurdles such as geographical time differences and slow settlement processes.

By incorporating OUSG into MTN, businesses can access tokenized treasure seamlessly using their current cash balances, eliminating the requirement for special crypto wallets or infrastructure. This innovation creates a streamlined, always-available cash management system, integrating the benefits of tokenization directly into corporate finance workflows.

This development is part of Mastercard’s wider initiative to establish a regulated digital asset framework, merging transparency, expedited cross-border transactions, and programmable payments within its global network.

With Ondo also pioneering tokenized treasury offerings on the XRP Ledger, this latest partnership reinforces the increasing need for regulated, interoperable tokenized assets, placing both Ondo and Mastercard in a leading position to connect traditional finance with blockchain innovations.

Payfinia Teams Up with Metallicus to Deliver Instant Payments

Metallicus , a prominent provider of blockchain technology, has formed a partnership with Payfinia , an instant payment solutions provider and Credit Union Service Organization (CUSO), to offer instantaneous payment and cryptocurrency services to credit unions throughout the United States.

Because of this partnership, credit union members will experience hassle-free access to real-time money transfers, crypto trading, and digital asset management — all seamlessly integrated into their existing online and mobile banking experiences.

The Instant Payment Xchange (IPX) technology of Payfinia will interface with Metal Pay, a user-friendly cryptocurrency trading application alongside its robust API, enabling credit unions to incorporate fiat-to-crypto services within their banking setups.

This partnership not only enhances operational efficiency for credit unions with sophisticated fraud protection and regulatory-compliant blockchain technology but also provides members easy means to buy, sell, and transfer cryptocurrencies.

Beyond optimizing day-to-day functionality, Payfinia will engage in the Metal Blockchain Banking Innovation Program from Metallicus, an initiative that fosters collaboration between financial institutions and Metallicus engineers to create innovative blockchain solutions, including digital identity systems, tokenized assets, and stablecoins.

Built upon a Bank Security Act (BSA)-compliant blockchain with integrated KYC/AML safeguards, Metal Blockchain ensures every solution adheres to strict regulatory standards.

Frank Mazza, the Director of Blockchain for Institutions and FinTechs at Metallicus, stated that this partnership reflects Metallicus’ dedication to delivering secure, compliant, and innovative blockchain services tailored specifically for financial institutions.

By combining rapid payment capabilities and cryptocurrency services into a cohesive platform, Payfinia and Metallicus are empowering credit unions to modernize and bridge the gap between traditional banking and the expanding digital asset landscape.

BlockDAG and HackerEarth Collaborating to Launch Hundreds of Projects

By tapping into the innovative spirit of thousands of developers worldwide, BlockDAG has teamed with HackerEarth are set to initiate over 200 blockchain projects, driving innovation, real-world applications, and the broader adoption of BlockDAG’s scalable Directed Acyclic Graph (DAG) technology.

Together, BlockDAG and HackerEarth will host four global hackathons, attracting between 10,000 and 15,000 developers. These events aim not only to expand the BlockDAG ecosystem but also to accelerate the development of decentralized applications and blockchain solutions.

The immense excitement surrounding BlockDAG is reflected in the skyrocketing demand for BDAG tokens, which saw its presale exceed $197 million. The token's value has surged by an impressive 2,380%, currently sitting at $0.0248, indicating strong investor confidence and optimism for future development.

BlockDAG distinguishes itself by utilizing parallel transaction processing, resulting in faster transaction speeds and greater efficiency compared to traditional blockchains. This scalability renders BlockDAG ideal for a wide range of decentralized applications, spanning from supply chain solutions to identity management as well as finance and gaming.

BlockDAG ensures that upcoming initiatives are not mere concepts but practical solutions that address real-world challenges by leveraging HackerEarth’s established expertise in developer engagement. As developers refine their ideas and collaborate on existing projects, this environment also fosters continuous creativity.

With significant exchange listings anticipated following the presale, BlockDAG is swiftly positioning itself as a frontrunner in blockchain innovation. Investors, developers, and enthusiasts are keenly observing BlockDAG’s ascent, making this partnership a pivotal force for sustainable growth and acceptance within the shifting crypto landscape.

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In the dynamic crypto landscape, partnerships are redefining the way payments, custody, and tokenization operate across various sectors. Recent developments include Coinbase's expansion into Nigeria and Ripple's strategic initiatives in South Korea, setting the stage for a more integrated financial ecosystem.

Coinbase, Ripple & Mastercard: The Partnerships Driving the Future of Crypto

Coinbase, Ripple & Mastercard: The Partnerships Driving the Future of Crypto

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In line with the Trust Project guidelines Published: February 28, 2025, 9:36 AM Updated: February 28, 2025, 9:37 AM

This marks a pivotal change for Coinbase, which previously shied away from direct operations in Nigeria due to regulatory challenges. By utilizing Onboard Global's compliance mechanisms, Coinbase can minimize risks while Onboard manages identity verifications and transaction monitoring.

The partnership strives for a harmonious balance between accessibility and compliance, offering Nigerians an easier entry point into the global crypto scene.

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This collaboration also integrates with Base, Coinbase's Ethereum-based layer-2 blockchain, giving Nigerian users access to over 500 tokens with reduced fees and quicker transaction speeds.

Onboard Global, with support from Nestcoin, is further enhancing purchasing possibilities through its partnership with Onramper, enabling Nigerians to access services like Yellow Card, Alchemy Pay, and LocalRamp, whether through bank transfers, virtual accounts, or P2P exchanges.

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Lifestyle News Report Technology
The crypto landscape is continuously evolving, and just last week witnessed numerous collaborations that could revolutionize efficacy in payments, custody, and asset tokenization across a variety of fields. Notably, Coinbase is breaking into the Nigerian market, while Ripple is making strategic moves in South Korea, subtly laying the groundwork for deeper crypto adoption in both global finance and everyday transactions.
Digest Business Markets Technology
Coinbase & Onboard Global Facilitate P2P Payments in Nigeria
News Report Technology
making it simpler for Nigerians to engage with crypto, representing a significant leap in its African outreach.
News Report Technology
This collaboration allows users in Nigeria to buy and sell digital currencies directly via Onboard P2P, a platform that connects buyers with verified local vendors. For trades below $100, users can forgo full identity verification, enabling wider access to the crypto world.