Ripple executive: UAE will drive global cryptocurrency adoption and become hub by 2025

Reece Merrick, General Manager of Ripple in the Middle East and Africa, recently stated that the United Arab Emirates is becoming a core force in global digital asset adoption with innovative regulation, stablecoin growth, and government support. He predicts that by 2025, blockchain will be widely used in the banking industry in the Middle East and North Africa, and stablecoins and RWAs will drive the transformation and diversification of regional financial systems. Earlier news, Ripple CEO： The company's original valuation of $11 billion is' severely outdated '.