Ripple has received preliminary approval from the Dubai Financial Services Authority (DFSA) to enhance its cross-border payments solutions in the Middle East! 🌍🇦🇪

- Ripple is expanding its international presence after receiving approval from the DFSA to operate in the Dubai International Financial Centre.

- This will enable the launch of Ripple Payments Direct in the UAE, enabling seamless cross-border payments.

- Ripple already has over 55 licenses worldwide, including Singapore and New York.

- 20% of Ripple’s global customer base is in the UAE, highlighting the importance of the region to the company.

What do you think about Ripple’s future in the UAE? Share your thoughts in the comments! 💬