Issuer of XRP coin Ripple 
$2.80has agreed with Bahrain’s Fintech Bay organization as a new collaboration. explained. Within the scope of the cooperation, it is aimed to popularize cryptocurrency innovation and RLUSD supported payments in the Gulf region. The parties plan to strengthen local fintech capacity with pilot projects, training programs, accelerator initiatives and ecosystem events. The statement followed regional cooperation messages at the Fintech Forward week held in Sakhir on 8–9 October 2025.
Scope of Ripple–Fintech Bay Collaboration
Cooperation between Ripple and Fintech Bay is in the Middle East blockchain It includes testing based cross-border payments, tokenization and stablecoin solutions. Ripple’s General Manager for the Middle East and Africa Reece Merrickpointed out that Bahrain is a country that has clarified the regulatory framework from the very beginning, and within the scope of cooperation, financial institutions cryptocurrency He stated that it is aimed to introduce custody and RLUSD solutions. Operationally, gradual pilots are planned for regulatory compliance and corporate integration.
Fintech Bay COO Suzy Al Zeerahemphasized that the cooperation will connect global innovators to the Bahraini market and accelerate talent development and PoC processes. Measurable outputs on payment flows, wallet integrations and corporate storage functions are aimed with ecosystem activities. In line with the country’s fintech vision, public-private sector coordination serves as a critical lever.
Over 60 Licenses Worldwide
Ripple currently has over 60 licenses and registrations around the world. This includes the Dubai DFSA approval received in March. By taking part in Fintech Forward 2025, the company is increasing engagement with policymakers, bankers and technology providers. Geographic diversification is a strategic step to accelerate corporate adoption in the Gulf market.
On the other hand, Ripple enables real estate title deed processes in Dubai with Ctrl Alt. XRP Ledger It continues to advance its project to manage In Africa, RLUSD access was expanded with payment platforms such as Chipper Cash, VALR and Yellow Card. On the European side, it is aimed to position RLUSD as a corporate settlement tool within the framework of MiCA through Luxembourg-based Ripple Payments Europe SA.
