Overview

• Ripple and Bahrain Fintech Bay announced a strategic collaboration to run proofs of concept and pilot projects across areas such as cross-border payments, tokenization, and digital assets.
• Ripple plans to introduce its Ripple USD (RLUSD) stablecoin and institutional custody offering to local banks once the regulatory framework permits.
• The partnership includes training programs, accelerator initiatives, and participation in ecosystem events like Fintech Forward 2025 to develop local fintech talent.
• Ripple executives and Bahrain Fintech Bay leadership cite Bahrain’s early crypto regulation as a foundation for advancing blockchain use across the Kingdom’s financial sector.
• The move extends Ripple’s Middle East expansion supported by more than 60 regulatory approvals globally, including a Dubai Financial Services Authority license secured in March 2025.