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▲ Dubai, XRP
Ripple has officially established its Middle East and Africa regional headquarters in Dubai, aiming to strengthen its market dominance.
According to cryptocurrency specialized media CryptoPotato on April 30 (local time), Ripple, the issuer of XRP, has established its regional headquarters six years after opening its first office in Dubai. This expansion is a strong signal that Dubai is trusted by global companies as a global hub for blockchain technology.
Arif Amiri, CEO of DIFC, evaluated Ripple's decision as a testament to Dubai's stature. Ripple plans to expand its local workforce as demand for regulated blockchain-based payment and custody solutions surges. Since first establishing its MEA regional headquarters in Dubai in 2020, Ripple has expanded its influence across the Middle East, and the region now accounts for a significant portion of Ripple's overall customer base.
Ripple had already received in-principle approval from the DFSA several years ago and obtained a full license as a blockchain payment service provider in 2025. Additionally, its stablecoin, RLUSD, was officially recognized as a cryptocurrency token. The newly established HQ will serve as a hub to expand support for existing partners and customers, including Zand Bank, Ctrl Alt, Garanti BBVA, Absa Bank, and Chipper Cash.
Reece Merrick, Ripple's Regional Managing Director, stated, "In recent years, the Middle East has become a key driver of Ripple's global growth." He added, "The new regional headquarters reflects Ripple's continued commitment to contributing to the region's upward trajectory." Merrick further commented, "With a large team based in Dubai, we are now able to provide even stronger support to customers and partners across the Middle East and Africa."
Based on its presence in Dubai, Ripple is expected to further increase its market share by simultaneously pursuing regulatory compliance and technological innovation. Amid growing demand from regional businesses for blockchain-based payment infrastructure, Ripple's establishment of this headquarters is seen as a decisive move to secure market leadership.
*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*
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