Ripple Strengthens UAE Partnerships at Dubai Summit
#Ripple representatives, led by President Monica Long, met with UAE officials at the Dubai Fintech Summit to enhance regional partnerships.
The company praised Dubai's leadership in establishing itself as a global #digitalassets hub.
Ripple's Middle East operations now represent 20% of its global customer base since opening its Dubai office in 2020.
The firm recently secured its first DFSA license to offer Ripple Payments across the region.
This regulatory approval grants access to a $400B trade hub with permission to provide regulated cross-border services and the
$RLUSD #stablecoin.
Their partnership with DIFC Innovation Hub continues to drive blockchain adoption among early-stage companies.
27
