u.today
30 April 2026 03:35, UTC
Enterprise blockchain firm Ripple has expanded its operations in the United Arab Emirates with the launch of a new regional headquarters located in the Dubai International Financial Centre (DIFC), according to a Monday announcement.
The new Middle East and Africa (MEA) will double the company's local headcount.
Ripple has decided to open a new office regional demand for regulated payment and digital asset custody solutions powered by the fledgling blockchain technology.
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In March 2025, Ripple became the first blockchain payments provider to secure a full license from the Dubai Financial Services Authority (DFSA).
More recently, the DFSA recognized Ripple’s U.S. dollar-backed stablecoin, RLUSD. The much-coveted license makes it possible to use XRP for financial services.
Ripple originally established its initial MEA presence in Dubai in 2020.
The expanded DIFC hub will provide more support for its established regional clients, a roster that currently includes Zand Bank, Garanti BBVA, Absa Bank, Chipper Cash, and Ctrl Alt.
