PANews reported on January 7 that Reece Merrick, General Manager of Ripple Middle East and Africa, recently stated that the UAE is becoming a core force in the adoption of global digital assets with its innovative regulation, stablecoin growth and government support. He predicted that by 2025, blockchain will be widely used in the banking industry in the Middle East and North Africa, and stablecoins and RWA will promote the transformation and diversification of the regional financial system.
Earlier news, Ripple CEO: The company’s original valuation of US$11 billion is "seriously outdated".
