đš BREAKING: Ripple Partners With Jeel (Riyad Bankâs Innovation Arm) to Bring Blockchain to Saudi Arabia đžđŠđ
Ripple has signed a strategic partnership with Jeel, the innovation and technology arm of Saudi Arabiaâs major financial institution Riyad Bank, to explore blockchain applications for real-world banking and payments across the Kingdom.
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đ„ What the Collaboration Focuses On:
đč Faster, cheaper, more transparent cross-border payments using Rippleâs enterprise technology. ïżŒ
đč Digital asset custody frameworks â designing ways banks can securely store digital assets. ïżŒ
đč Tokenization explorationâ turning real-world assets into on-chain representations.
đč All development will be piloted inside Jeelâs regulatory sandbox, a compliant environment where ideas become real testable systems.
đ Why This Is Huge:
This isnât a small fintech pilot â itâs Ripple + one of Saudi Arabiaâs top banks working under a regulatory sandbox with Vision 2030 ambitions.
Saudi Arabia is pushing to become a global tech and financial hub, and this partnership shows blockchain is no longer âjust a crypto thingâ â itâs entering national financial planning.
Ripple gets strategic access to a regulated Middle Eastern fintech ecosystem, while Jeel gets to experiment with bleeding-edge blockchain use cases under compliant conditions.
đ Crypto Twitter Translation:
âą âRip + Riyad = Middle East financial rails getting upgraded.â
âą âBlockchain now has official sandbox testing inside a major bank.â
âą âSaudi Arabia could become the next big fintech playground.â đ€Ą
This is the type of move that quietly builds financial infrastructure, not just pumps price narratives.
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âą Do you think this will lead to Ripple technology powering real global payment rails? đ $XRP
