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- Anjali Belgaumkar
Anjali Belgaumkar
Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto “Enthusiast” but trust me I'm getting there.
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Qadir AKQadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.
- Oct 09, 2025 12:07 UTC
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Ripple Becomes First Blockchain Payments Provider in the Kingdom of Bahrain
Ripple partners with Bahrain Fintech Bay to boost blockchain adoption, stablecoins, and digital payments, strengthening its Middle East presence.
Expanding in the Middle East, Ripple enters Bahrain, driving fintech innovation through pilot projects, education, and digital asset solutions.
Ripple has entered the Kingdom of Bahrain through a new partnership with Bahrain Fintech Bay (BFB), the country’s main fintech incubator. The move marks Ripple’s next step in building its presence across the Middle East after securing a license from Dubai’s financial regulator earlier this year.
The partnership will help develop Bahrain’s blockchain ecosystem. Ripple and BFB will work together on pilot projects, educational programs, and new digital payment solutions. They will also focus on practical uses of blockchain in areas such as cross-border payments, stablecoins, and tokenization.
Strengthening the Middle East Footprint
Ripple’s expansion into Bahrain builds on its growing presence across the Middle East. Earlier this year, Ripple secured a license from the Dubai Financial Services Authority (DFSA), becoming the first blockchain-enabled payments provider to achieve this milestone.
“The Kingdom of Bahrain has been an early adopter of blockchain and one of the first countries to regulate crypto assets,” said Reece Merrick, Ripple’s Managing Director for the Middle East and Africa. He said that Ripple aims to introduce its digital asset custody services and Ripple USD (RLUSD) stablecoin to Bahrain’s financial institutions in the near future.
Bahrain’s Growing Role in Digital Finance
Bahrain has earned a reputation as a forward-thinking financial hub, and this new partnership further reinforces its position in the blockchain space. Suzy Al Zeerah, Chief Operating Officer at Bahrain Fintech Bay, said the collaboration with Ripple will connect global innovators with Bahrain’s local ecosystem, drive pilot projects, and develop fintech talent.
Ripple is also participating in Fintech Forward 2025, a major regional event hosted in Sakhir, bringing together leaders from banking, government, and fintech to discuss the future of global finance.
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FAQs
Ripple is partnering with Bahrain Fintech Bay to develop the local blockchain ecosystem through pilot projects, educational programs, and new digital payment solutions like stablecoins.
The Middle East is a key growth market. Following a license in Dubai, Ripple’s Bahrain move strengthens its regional footprint by tapping into early-adopter, well-regulated markets.
Ripple plans to introduce its digital asset custody services and its Ripple USD (RLUSD) stablecoin to Bahrain’s financial institutions, enhancing their digital payment capabilities.
Ripple’s technology enables faster, more transparent, and cost-effective international payments, which Bahraini institutions can now pilot and integrate through this partnership.
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