Close Menu
    Facebook X (Twitter) Instagram
    Trending
    • Ethereum sinks to $2,442 amid ETF outflows and whale selling
    • Bitcoin price drops below $103K triggering $450M in liquidations
    • Veer Chetal pleads guilty in $245M Bitcoin heist
    • CoinMarketCap phishing Popup neutralized in swift security response
    • Texas Bitcoin reserve takes shape with governor Abbott’s signature on HB 4488
    • Russia unveils first Bitcoin mining fund, merging energy assets with digital finance
    • Thailand moves to transform crypto landscape with utility token listing proposal
    • Bitcoin breaks 106,000 USDT barrier in fresh price surge
    Coin Track DailyCoin Track Daily
    • News

      Veer Chetal pleads guilty in $245M Bitcoin heist

      15 hours ago

      CoinMarketCap phishing Popup neutralized in swift security response

      19 hours ago

      Russia unveils first Bitcoin mining fund, merging energy assets with digital finance

      1 day ago

      Thailand moves to transform crypto landscape with utility token listing proposal

      1 day ago

      North Korean hackers unleash ‘PylangGhost’ malware targeting crypto professionals

      2 days ago
    • Markets

      Ethereum sinks to $2,442 amid ETF outflows and whale selling

      8 hours ago

      Bitcoin price drops below $103K triggering $450M in liquidations

      15 hours ago

      Bitcoin breaks 106,000 USDT barrier in fresh price surge

      2 days ago

      Crypto market reaction to middle east tensions leaves investors on edge

      2 days ago

      Bitcoin price surpasses $105,000 — Market momentum continues

      3 days ago
    • Finance

      South Korea’s FSC set to approve spot crypto ETFs and Won-backed stablecoins in 2025

      2 days ago

      Circle CRCL stock performance skyrockets 530% since IPO as GENIUS act boosts stablecoin sector

      2 days ago

      Ethereum ETFs see $2.17M net outflow as investor sentiment splits

      1 week ago

      U.S. debt soars to $37 trillion as ‘big beautiful bill’ faces senate: Is Bitcoin the last safe haven?

      1 week ago

      Gemini files confidential IPO with SEC, eyes public listing in major crypto milestone

      2 weeks ago
    • Opinion

      XRP holds firm at $2.14 amid market turbulence – Will It break $2.33 resistance?

      7 days ago

      Bitcoin bulls surge as long-term holders accumulate 881K BTC

      1 week ago

      XRP price prediction: Will $2.13 support hold or trigger a breakdown?

      3 weeks ago

      BarriC predicts $20 XRP surge despite volatility: Is sub-$3 still a bargain?

      4 weeks ago

      South Korea’s crypto revolution: New regulations and a Won-pegged stablecoin in 2025

      1 month ago
    • Policy

      Texas Bitcoin reserve takes shape with governor Abbott’s signature on HB 4488

      20 hours ago

      Trump endorses GENIUS Act, urges swift house approval for landmark stablecoin regulation

      3 days ago

      U.S. senate passes GENIUS act, paving the way for nationwide stablecoin regulation

      4 days ago

      Vietnam legalises digital assets and unveils ambitious tech law for 2026

      6 days ago

      SEC reverses Biden-era crypto regulation plans

      1 week ago
    • Tech
      1. Learn
      2. View All

      Reclaiming your digital self: How blockchain Is redefining online identity

      4 weeks ago

      Navigating the crypto minefield: How to spot and avoid fraudulent investment platforms in 2025

      1 month ago

      The dark art of cryptocurrency price manipulation: How scammers exploit the market

      2 months ago

      What is a Stablecoin?

      3 months ago

      X money financial services: Elon Musk’s X to launch In-App trading, wallets, and cards

      2 days ago

      OpenAI launches ‘OpenAI for government’ with $200M pentagon contract to modernize U.S. public service

      4 days ago

      AI startup TrueNorth raises $1M to revolutionise crypto asset discovery with autonomous agents

      7 days ago

      Ripple set to launch EVM-compatible sidechain for XRP ledger by Q2 2025

      2 weeks ago
    Coin Track DailyCoin Track Daily
    Home » Ripple expands influence in middle east as XRP gains shariah compliance and strategic backing
    News 1 month ago

    Ripple expands influence in middle east as XRP gains shariah compliance and strategic backing

    2 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email Reddit
    Share
    Facebook Twitter LinkedIn Pinterest Email Reddit

    15-5-2025 – Ripple’s ascent in the Middle East is carving a bold new chapter in global finance, as strategic alliances and visionary diplomacy converge to elevate its influence. The region, a crucible of economic transformation, is increasingly embracing Ripple’s blockchain innovations, with the United Arab Emirates and Saudi Arabia at the forefront. Edward Farina, a prominent figure in the XRP community, has revealed Ripple’s role as a contractor to the United States government, igniting speculation about its potential to shape the digital financial systems of tomorrow.

    At the heart of Ripple’s regional surge is XRP, its native cryptocurrency, now distinguished as Shariah-compliant. This landmark certification aligns XRP with Islamic finance principles—emphasising transparency, risk-sharing, and the avoidance of interest—unlocking access to a $3 trillion market. Ripple’s on-demand liquidity solution, previously known as Ripple Payments, is already operational in the UAE, enabling instantaneous cross-border transactions across the Gulf. Saudi Arabia’s central bank, a key partner, further cements Ripple’s foothold in the region’s financial architecture.

    The Middle East’s embrace of blockchain signals a broader pivot towards digital alternatives, with the UAE and Saudi Arabia’s recent entry into the BRICS economic bloc underscoring a move away from US dollar dominance. Ripple’s engagements with UAE officials have centred on forging digital infrastructure to drive financial innovation, reflecting the Gulf’s ambition to lead a global shift towards blockchain-based systems. The Ripple Swell 2023 event in Dubai amplified this narrative, spotlighting the region’s role as a hub for a reimagined financial order.

    XRP’s versatility positions it as a linchpin in this evolving landscape. Its neutral, scalable framework enables it to serve as a bridge between disparate financial ecosystems, from central bank digital currencies to emerging markets and digital payment platforms. Analysts suggest Ripple’s ties to the US government, coupled with its regulatory clarity, could align with efforts to modernise the US dollar through digital infrastructure. Beyond facilitating payments, XRP is emerging as a cornerstone of a multipolar financial system, streamlining value exchange across fragmented economies.

    Recent diplomatic overtures, including strengthened ties between US President Donald Trump and UAE leaders, underscore a commitment to economic collaboration in the region. Ripple’s expanding influence, underpinned by its Middle Eastern partnerships and global vision, places XRP at the vanguard of a transformative era in finance, where blockchain technology and shifting economic alliances are redefining the world’s financial future.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Reddit

    Related Posts

    News 15 hours ago

    Veer Chetal pleads guilty in $245M Bitcoin heist

    News 19 hours ago

    CoinMarketCap phishing Popup neutralized in swift security response

    News 1 day ago

    Russia unveils first Bitcoin mining fund, merging energy assets with digital finance

    About Us
    • Contact Us
    • Privacy Policy
    • Terms & Condition
    Categories
    • Finance
    • Learn
    • Markets
    • News
    • Opinion
    • Policy
    • Tech
    Facebook X (Twitter)
    © 2025 Coin Track Daily Latest News.

    Type above and press Enter to search. Press Esc to cancel.

    • bitcoinBitcoin(BTC)$101,359.66-1.90%
    • ethereumEthereum(ETH)$2,246.53-6.89%
    • tetherTether(USDT)$1.000.02%
    • rippleXRP(XRP)$2.04-3.78%
    • binancecoinBNB(BNB)$626.27-2.58%
    • solanaSolana(SOL)$133.79-4.58%
    • usd-coinUSDC(USDC)$1.000.02%
    • tronTRON(TRX)$0.270833-0.49%
    • dogecoinDogecoin(DOGE)$0.152736-6.27%
    • staked-etherLido Staked Ether(STETH)$2,244.39-6.96%