Ripple sets up Middle East hub with Bahrain FinTech partnership
Ripple formed a partnership with Bahrain FinTech Bay to roll out blockchain services in Bahrain's financial sector. The two organizations will support pilot projects in cross-border payments, tokenization, digital assets, stablecoins, and blockchain infrastructure.
The partnership includes collaboration on educational initiatives, accelerator programs, and local ecosystem events. Bahrain FinTech Bay will integrate Ripple's technologies into local financial institutions and support digital asset infrastructure.
Ripple plans to introduce its enterprise custody solution and its USD-pegged stablecoin RLUSD into Bahrain's institutional market subject to regulatory approval. The company holds more than 60 regulatory licenses globally, including a license from the Dubai Financial Services Authority granted earlier this year.
Ripple plans to introduce its enterprise custody solution and its USD-pegged stablecoin RLUSD into Bahrain's institutional market subject to regulatory approval. The company holds more than 60 regulatory licenses globally, including a license from the Dubai Financial Services Authority granted earlier this year.
The Central Bank of Bahrain recently introduced a stablecoin regulation framework that permits issuance of fiat-backed stablecoins. The framework may allow RLUSD deployment in the Kingdom.
Bahrain FinTech Bay operates as a national fintech hub that connects financial institutions with technology providers and regulators. The organization offers testing environments for fintechs.
Ripple has expanded its presence in the Middle East through recent partnerships with regional financial institutions and regulatory approvals. The company received its Dubai license in 2025, allowing it to operate blockchain-based payment services in the emirate.
The partnership in Bahrain follows similar agreements Ripple has made with other Middle Eastern countries to implement blockchain payment systems. The company has worked with banks and payment providers in the region to test cross-border payment solutions using its technology.
Bahrain FinTech Bay operates as a national fintech hub that connects financial institutions with technology providers and regulators. The organization offers testing environments for fintechs.
Ripple has expanded its presence in the Middle East through recent partnerships with regional financial institutions and regulatory approvals. The company received its Dubai license in 2025, allowing it to operate blockchain-based payment services in the emirate.
The partnership in Bahrain follows similar agreements Ripple has made with other Middle Eastern countries to implement blockchain payment systems. The company has worked with banks and payment providers in the region to test cross-border payment solutions using its technology.
Author
Sebile Fane cut her teeth in blockchain by building tiny NFT experiments with friends in her living room, long before the buzzwords took hold. She’s driven by a curiosity for the human stories behind smart contracts — whether it’s a small-town artist minting her first token or a DAO voting on climate grants — and weaves technical insight with genuine empathy.
