Overview
- Ripple and Bahrain Fintech Bay will run proofs of concept and pilot projects spanning cross-border payments, tokenization, stablecoin use cases, education programs, and accelerator initiatives.
- Ripple says it intends to offer its institutional custody platform and RLUSD stablecoin to Bahraini banks once local regulatory frameworks permit.
- Bahrain Fintech Bay describes the alliance as a way to strengthen the Kingdom’s fintech ecosystem and develop a compliant hub for digital-asset deployments in the Gulf.
- Ripple highlights more than 60 global licenses, including a Dubai Financial Services Authority approval in March 2025, as it deepens its regional footprint.
- Ripple is engaging banks and regulators at Fintech Forward 2025 in Sakhir, and it is promoting RLUSD as an enterprise stablecoin that has recently secured exchange listings such as Bybit.