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Ripple has signed a deal with Bahrain Fintech Bay to support the kingdom’s Web3 expansion.
Plans include pilot projects, industry events, and financial institution integrations.
Bahrain gains a strong player in blockchain, while Ripple secures a new foothold in the Middle East.
Crossing $1B shows strong trust from users. RLUSD’s growth reflects how quickly stablecoins are becoming mainstream.
This partnership could open major corridors for cross-border payments. Ripple’s global network just keeps expanding.