Tuesday 10 November 2020
Ripple, the enterprise blockchain solution for global payments, has established its regional headquarters in the Dubai International Financial Center (DIFC), the leading global financial center in the Middle East, Africa and South Asia (MEASA) region.
Ripple has chosen DIFC for its innovative regulations, expansive network, and reputation as a leading global financial center.
Ripple and DIFC are aligned in their vision to shape the future of finance.
Established in 2012, Ripple builds financial solutions and services to move money at the same speed and standard that information moves today. By joining Ripple’s global financial network, RippleNet, customers can process their payments instantly, reliably, cost-effectively and with end-to-end visibility anywhere in the world. Hundreds of financial institutions already use RippleNet in more than 45 countries, making it one of the leading providers of blockchain for payments. It expects to accelerate the Emirates Blockchain Strategy 2021.