#StablecoinPayments
Ripple becomes the first blockchain-powered payment provider authorized by the Dubai Financial Services Authority:
Ripple has received full regulatory approval from the Dubai Financial Services Authority (DFSA) to offer cross-border payment services using blockchain technology in the United Arab Emirates (UAE). This milestone, announced on March 13, 2025, makes Ripple the first blockchain-enabled payment provider authorized to operate in the Dubai International Financial Centre (DIFC), a free economic zone with its own regulatory framework. The approval allows Ripple to provide blockchain-based global payment solutions to businesses in the UAE, serving both traditional financial institutions and native cryptocurrency firms.
