Trident Digital Tech Holdings (TDTH) Seeks Stablecoin Licenses Across Multiple African Markets to Drive Ripple USD (RLUSD) Adoption

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 $500 million to establish one of the world's largest corporate XRP treasuries. The company plans to leverage staking mechanisms and deepen its integration with the Ripple ecosystem. This move underscores TDTH's commitment to decentralized finance as a catalyst for global financial evolution.

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 $500 million in circulating supply within months of issuance.

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

[email protected] | +1 (212) 321-0602

Media Relations

Brad Burgess, SVP – ICR LLC

[email protected]