Ripple Partners with Bahrain Fintech Bay to Boost Blockchain and Stablecoin Integration

Ripple is strengthening its presence in the Middle East through a new collaboration with Bahrain Fintech Bay, the Kingdom’s leading fintech incubator and ecosystem platform.

The partnership marks another step in Ripple’s strategy to advance regulated blockchain and stablecoin infrastructure across the Gulf region.

The alliance builds on Ripple’s earlier Dubai Financial Services Authority (DFSA) license and reflects the growing institutional appetite among Gulf banks and regulators to explore digital asset solutions within transparent legal frameworks.

Bahrain Takes a Lead in Regulated Blockchain Innovation

“The Kingdom of Bahrain has emerged as an early adopter of blockchain technology and was among the first globally to regulate cryptoassets,” said Reece Merrick, Ripple’s Managing Director for the Middle East and Africa. “Through our collaboration with Bahrain Fintech Bay, we aim to help strengthen the local blockchain ecosystem and introduce Ripple’s custody and RLUSD stablecoin solutions to Bahraini institutions.”

Under the new partnership, Ripple and Bahrain Fintech Bay will work jointly on pilot projects, accelerator programs, and educational initiatives, with a focus on cross-border payments, tokenization, and stablecoin applications.

A Strategic Hub for the Future of Finance

Bahrain’s reputation as a long-established financial services hub gives the collaboration added strategic weight. “This partnership with Ripple underscores our commitment to connecting global innovators with Bahrain’s fintech ecosystem,” said Suzy Al Zeerah, Chief Operating Officer of Bahrain Fintech Bay. “Together, we aim to drive real-world blockchain adoption, talent development, and innovation that defines the future of finance.”

Ripple currently holds over 60 regulatory licenses worldwide and views Bahrain as a key market for compliant blockchain deployments. Its RLUSD stablecoin, designed for institutional-grade use and regulatory clarity, remains central to Ripple’s vision of bridging tokenized assets and traditional payment systems.

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