Ripple Expands Operations in Dubai’s Financial Hub
- Ripple has established a new headquarters for the Middle East and Africa in the Dubai International Financial Centre (DIFC).
- The company plans to double its regional team size to support growing demand, with the region accounting for 20% of Ripple’s global customer base.
- In March 2025, Ripple received full licensure from the Dubai Financial Services Authority (DFSA) for regulated cross-border digital payment services.
- The DFSA approved RLUSD, Ripple’s dollar-pegged stablecoin, as a recognized crypto token in June 2025. RLUSD’s market cap is over $1.5 billion.
- Key regional clients include Zand Bank, Ctrl Alt, Garanti BBVA, Absa Bank, and Chipper Cash.
Ripple’s expansion in the UAE reflects its strategic growth in the Middle East, with DIFC approval enhancing its blockchain payment services and stablecoin usage.
Source (3.2)https://cryptobriefing.com/ripple-dubai-expansion-new-hq/?rand=59535
