Ripple Teams Up with Bahrain Fintech Bay to Boost Blockchain Innovation in Gulf

Ripple has forged a strategic alliance with Bahrain Fintech Bay to accelerate blockchain innovation and adoption of digital assets across the Middle East. The collaboration focuses on promoting Ripple’s payment solutions powered by its RLUSD stablecoin, while supporting Bahrain’s burgeoning fintech sector. Through pilot projects, educational programs, and accelerator initiatives, Ripple and Fintech Bay will explore practical applications for blockchain technology within regional markets. This partnership aims to bolster Bahrain’s position as a global fintech hub, driving the development of tokenization, cross-border payment systems, and stablecoin applications within the Bahraini financial ecosystem.