*Ripple Targets $400B UAE Trade Hub With Fully Regulated Cross-Border Payments*
Ripple secures first DFSA license for blockchain payments in the UAE, opening access to a $400B trade hub with regulated cross-border services and RLUSD stablecoin.
The license permits Ripple to offer its cross-border payments platform, Ripple Payments, across the region—a move seen as pivotal for the company and digital asset adoption in the Middle East.
The company noted:
Ripple is the first blockchain-powered payments provider to be licensed by the Dubai Financial Services Authority (DFSA) to bring its flagship cross-border payments solution, Ripple Payments, to businesses across the region.
Source: Bitcoin.comNews
This is a big milestone for ripple and also for $XRP community gonna become important asset in the future #rlusd #USStablecoinBill