Big news for Ripple! This company helps move money around the world using a special type of internet money called cryptocurrency. They just got permission from Dubai, a city in the United Arab Emirates (UAE), to run their services there. This is a really big deal!
- Ripple's crypto payment system got officially approved in Dubai.
- This lets businesses in the UAE send money faster and cheaper.
- Ripple already has many customers in the Middle East and wants to help even more.
- Many people think using blockchain (like Ripple uses) to move money is a good idea.
| Fact | Number |
|---|---|
| Ripple's international licenses | Over 60 |
| UAE's global trade value | Over $400 billion |
| RLUSD market cap (as of March 13th) | Over $130 million |
