Middle East Takes Two Crypto Steps Forward – Ripple (XRP) and Gold

Middle East

The Middle East has taken two crypto steps forward – Saudi Arabia is partnering with Ripple (XRP) and Dubai will be establishing the world’s first cold storage crypto vault.

Saudi Arabian banks will be working with Ripple (XRP) to test run Ripple tech.

Ripple’s software, xCurrent, gives banks the ability to instantly settle cross-border payments with end-to-end tracking. Banks in the Kingdom of Saudi Arabia will now be participating in a pilot program that will allow the banks to try out xCurrent. Thanks to Ripple, Saudi Arabian banks will now be able to process  ...

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