- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
Ripple Meets UAE Leaders to Advance Blockchain Payment Solutions
By: bitcoin ethereum news|2025/05/16 14:45:04
0
Share
Following DFSA approval in March, Ripple is preparing to enhance cross-border payments along a $400 billion route in the UAE, leveraging its strong customer base in the Middle East. The company views its high-level engagements as pivotal for expanding its influence in the region’s rapidly growing digital economy. Monica Long, President of Ripple, met with significant government and tech officials during the Dubai Fintech Summit to better align the company’s goals with the Emirati government’s digital finance ambitions. Ripple President Meets UAE Authorities As part of her visit, Long convened with His Highness Sheikh Ahmed bin Saeed Al Maktoum, who is important in shaping the Emirates’ economy. It formed part of a wider discussion between Ripple, Kotak Mahindra Bank, and Bolt, designed to promote innovation and teamwork in the fintech industry. Representing 9,000 delegates at the conference were CEOs, investors, regulators, and digital finance innovators from more than 120 different countries. The sessions fell in line with Dubai’s D33 plan to raise its ranking to one of the top four global financial centers by 2033. At the heart of this plan is a goal to reach AED 100 billion in annual digital economy sales. DIFC’s participation ensured that the summit pushed forward its reputation as a link between financial companies around the world. Moreover, it’s important to note that the UAE just made a 10-year $1.4 trillion investment deal with the U.S., making it a leader in global economic advancement. Meanwhile, after the March approval by the DFSA, Ripple is readying itself to make cross-border payments in the UAE easier by using its technology on a $400 billion route. The majority of Ripple’s customers outside North America are from the Middle East. Furthermore, the company pointed out in its official statement that the latest interaction at the highest level is very critical for expansion. Our President Monica Long had the honor of meeting with His Highness Ahmed bin Saeed at Dubai Fintech Summit. We continue to be impressed with the leadership demonstrated by Dubai as it establishes itself as one of the world’s leading hubs for digital assets, Ripple posted on X (formerly Twitter) on May 14, 2025. Moreover, Brad Garlinghouse, Chief Executive Officer (CEO) of Ripple, had previously described XRPL as “the region’s top blockchain tech.” Our President @MonicaLongSF had the honor of meeting with His Highness Ahmed bin Saeed at @DubaiFintechSum . We continue to be impressed with the leadership demonstrated by Dubai as it establishes itself as one of the world’s leading hubs for digital assets. https://t.co/w9pd0cq1y7 — Ripple (@Ripple) May 14, 2025 Popular Analysts Offer Bold XRP Price Targets Along with these advances, analysts are paying close attention to how XRP is doing on the market. In the current cycle, crypto trader Mikybull Crypto thinks XRP prices could rise to between $4 and $6, as highlighted in the previous story. When people asked him if the token might reach double-digits, he replied with “anything is possible.” CrediBULL Crypto also recommended XRP could make a strong recovery and might close the year priced as high as $28. Echoing his view, Egrag Crypto predicts that prices will range between $27 and $33. Analyst Dark Defender believes XRP is moving along a “3rd wave” and could reach $6, and that it would continue to break new record levels. Source: https://www.crypto-news-flash.com/ripple-meets-uae-leaders-to-advance-blockchain-payment-solutions/?utm_source=rss&utm_medium=rss&utm_campaign=ripple-meets-uae-leaders-to-advance-blockchain-payment-solutions
You may also like
Dune Stablecoin Research: The Flow and Demand of a $300 Billion Market
In the dataset, transfers are no longer simply labeled as pure "transaction volume," but are classified as different on-chain activities. This is the difference between "just knowing that $100 trillion has been transferred" and "understanding why it was transferred."
Stripe Annual Letter: New cognitive density is extremely high, especially the 5-level model of "AI + Payments"
Every trend here is affecting everyone's future survival.
Sam Altman's Twenty-Four Hours: The Pentagon said "no" twice, but only one was serious
In Silicon Valley, Altman's sub-12-hour move has a name. It's not called backstabbing, it's called timing.
The US-Iran Conflict Spreads to the Crypto Space: What to Expect in the Market on Monday
The most important industry in the crypto world, only 300 kilometers away from the missile's impact point
Lily Liu, the chair of the Solana Foundation, shouted "Don't waste time on crypto," is the crypto industry really dead?
The interest of the younger generation is shifting from cryptocurrency to the field of artificial intelligence, which coincides with the current phenomenon in the cryptocurrency industry.
The little deer live by the water and grass
Mining companies have never been the most devout believers in Bitcoin. Under the pressures of halving compressing profits, financial reports showing revenue growth without profit increase, and coin prices falling below mining costs, the industry is collectively de-risking.
The world belongs to Chinese people who speak English
The world is vast, and only playing half of it is truly a loss.
Why Stop at 126K? Michael Saylor Breaks Down BTC Stagnation and Retail Absence Truth
Bitcoin is digital capital, and I will spend a thousand hours explaining it to you. Eventually, you will understand, but you will still have to endure a 45% crash.
Virtuals Protocol's inaugural Titan project: ROBO aims to give a wallet to a robot
This is a key step in Virtuals expanding the Agent Economy into the Embodied AI and Robotics field.
Stablecoin Latest Report: Actual Distribution and Circulation Much More Notable Than Supply
The Truth about Stablecoin Circulation Speed, Concentration, and Structure After Doubling the Supply
Paradigm's New Arithmetic: When Crypto Can't Hold 12.7 Billion, AI Becomes the Answer
It took Paradigm three years to emerge from the ruins of FTX.
Wintermute Founder: In the Lost Cryptocurrency Market, What Can We Still Do?
This is more like a manifesto, discussing "the very reason we are here."
$1.3 Billion Debt: BitDeer Faces Tough Battle
Wu Jihan is waiting for AI's money to catch up with the speed of debt.
Anthropic's IPO Gamble: At the Most Unlikely Moment, It Chose to Say No
In the AI Era, what is the most valuable thing?
Paradigm's Math Problem: $12.7 Billion, Too Big for a Single Crypto Fund
Emerging from the ruins of FTX, Paradigm took three years
Ethereum Unveils Scaling Roadmap, What's Different This Time?
Short-term improvements to execution efficiency through the Gas mechanism optimization and block validation parallelization, and long-term scalability through ZK-EVM and blobs data architecture.
Anthropic Ban Wave, OpenAI $100 Billion Funding Controversy: What Is the Overseas Crypto Community Talking About Today?
What Have Foreigners Been Most Interested in Over the Last 24 Hours?
Morning News | OpenAI receives $110 billion investment; Solana launches Solana Payments; M0, MoonPay, and PayPal jointly launch PYUSDx
Overview of Important Market Events on February 27
Dune Stablecoin Research: The Flow and Demand of a $300 Billion Market
In the dataset, transfers are no longer simply labeled as pure "transaction volume," but are classified as different on-chain activities. This is the difference between "just knowing that $100 trillion has been transferred" and "understanding why it was transferred."
Stripe Annual Letter: New cognitive density is extremely high, especially the 5-level model of "AI + Payments"
Every trend here is affecting everyone's future survival.
Sam Altman's Twenty-Four Hours: The Pentagon said "no" twice, but only one was serious
In Silicon Valley, Altman's sub-12-hour move has a name. It's not called backstabbing, it's called timing.
The US-Iran Conflict Spreads to the Crypto Space: What to Expect in the Market on Monday
The most important industry in the crypto world, only 300 kilometers away from the missile's impact point
Lily Liu, the chair of the Solana Foundation, shouted "Don't waste time on crypto," is the crypto industry really dead?
The interest of the younger generation is shifting from cryptocurrency to the field of artificial intelligence, which coincides with the current phenomenon in the cryptocurrency industry.
The little deer live by the water and grass
Mining companies have never been the most devout believers in Bitcoin. Under the pressures of halving compressing profits, financial reports showing revenue growth without profit increase, and coin prices falling below mining costs, the industry is collectively de-risking.
App