Ripple partners with Bahrain Fintech Bay to promote RLUSD adoption, blockchain innovation, and digital finance growth in the Gulf region.
Ripple has announced a new partnership with Bahrain’s Fintech Bay to drive blockchain innovation in the Middle East. This partnership will focus on expanding the use of Ripple’s RLUSD stablecoin and other digital payment solutions in the region.
Ripple aims to enhance Bahrain’s role as a fintech hub while promoting the adoption of blockchain technology across the Gulf region.
Strengthening Blockchain Innovation in Bahrain
Ripple’s collaboration with Bahrain Fintech Bay aims to explore blockchain use cases in the region. The partnership will focus on cross-border payments, stablecoins, and tokenization. Ripple plans to run pilot projects with Fintech Bay to test these solutions in Bahrain’s growing digital finance ecosystem.
🚨 JUST IN: #Ripple expands into the Kingdom of Bahrain through Strategic Partnership with Bahrain Fintech Bay. pic.twitter.com/SCafnsfygP
— RippleXity (@RippleXity) October 9, 2025
Reece Merrick, Ripple’s Managing Director for the Middle East and Africa, highlighted Bahrain’s leadership in blockchain regulation.
He emphasized that Ripple’s digital asset custody services and RLUSD stablecoin would be introduced to local financial institutions. These solutions are expected to help Bahrain continue its push to become a leader in digital finance.
By partnering with Fintech Bay, Ripple aims to support Bahrain’s financial infrastructure. This initiative will also provide opportunities for blockchain education, talent development, and ecosystem events, further promoting innovation in the region.
Bahrain Growing Role in the Global Fintech Market
Bahrain is rapidly becoming a leading player in the fintech sector.
The country’s early adoption of blockchain regulations has attracted numerous global companies seeking a clear regulatory environment. This has made Bahrain a key destination for fintech companies looking to expand in the Middle East.
LCX is in Bahrain for the FinTech Forum!
Discussing FinTech 2035 — from tokenization to spot exchanges transforming global markets.
The next decade of finance starts now. 🚀@bahrainedb @TheEconomist @Fintechforward pic.twitter.com/5sMiNDBSQz
— LCX (@lcx) October 9, 2025
Suzy Al Zeerah, COO of Bahrain Fintech Bay, stressed that the partnership would strengthen Bahrain’s position as a fintech powerhouse.
She explained that the collaboration would connect international innovators with the Bahraini market. This will drive new projects and talent development that will shape the future of finance in Bahrain.
With over 60 regulatory licenses and registrations worldwide, Bahrain has become an attractive location for fintech businesses. The country’s stable and forward-thinking regulatory environment continues to support its growth in the global fintech ecosystem.
Ripple Global Expansion and Future Plans
Ripple’s partnership with Bahrain Fintech Bay is part of the company’s broader expansion strategy. Ripple has also formed strategic partnerships in other key markets, including Dubai and Africa. In Dubai, Ripple is working with Ctrl Alt to digitize real estate transactions using the XRP Ledger.
Next up → the Kingdom of Bahrain. 🇧🇭
We're expanding our presence in the Middle East through a partnership with Bahrain @FinTechBay: https://t.co/6ygStbtPPvBuilding on our Dubai regulatory license, this move reinforces our commitment to the MENA region.
Together, we'll…
— Ripple (@Ripple) October 9, 2025
The company has also announced plans to expand RLUSD to Africa, with partnerships in place with platforms like Chipper Cash and VALR.
In Europe, Ripple is using Luxembourg as a base to introduce RLUSD under the European Union’s MiCA regulatory framework. These initiatives aim to establish RLUSD as a trusted and compliant solution for institutional clients.
Ripple’s global expansion shows its commitment to making RLUSD a key player in the digital asset market. By forging partnerships in diverse regions, Ripple continues to solidify its position as a leader in blockchain technology and digital finance.