Dubai's strategic partnerships with Solana and Ripple reinforce its ambition to be a global blockchain innovation hub, driving digital transformation across industries.
Dubai is solidifying its status as a crypto hub through partnerships with Solana and Ripple, focusing on initiatives that promote blockchain innovation and digital asset integration into the economy. Solana's memorandum with VARA aims to enhance collaboration in talent development and data sharing, while Ripple's RLUSD stablecoin receives DFSA approval for use in the Dubai International Financial Centre, reflecting growing interest in digital asset solutions in the region.