Ripple Doubles Down in UAE—Onboards Two Major Blockchain Payment Partners
Ripple’s Middle Eastern ambitions just got a turbocharge. The crypto payments giant quietly locked in deals with two undisclosed—but reportedly ’high-volume’—blockchain payment clients in the UAE. Guess those regulatory sandbox chit-chats with the Abu Dhabi Global Market finally paid off.
Why it matters: While Wall Street still treats crypto like a risky Tinder date, the UAE’s playing the long game. Ripple’s latest move cements its status as the go-to bridge between TradFi and blockchain in the region—no small feat when even Bitcoin maximalists are eyeing SWIFT’s lunch.
The cynical take: Because nothing says ’financial innovation’ like American crypto firms flocking to tax-free zones. But hey, at least someone’s making real-world use cases stick.