XRP Positions at the Front of Dubai’s New Partnership With Crypto.com – Here’s How

Dubai has announced a new partnership with global crypto exchange Crypto.com to enable the use of cryptocurrencies for government service payments. According to Jack The Rippler on X, this move places XRP at the forefront of the initiative as the token is the city’s first officially regulated crypto asset.

The partnership was confirmed during the Dubai FinTech Summit, signaling the beginning of full-scale integration throughout all government departments.

Under the new system, users will be able to pay for public services using cryptocurrencies via supported blockchain wallets. The payments will be converted to Emirati dirhams in an instant to comply with financial regulations.

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The Department of Finance spearheads the transition in a joint venture with Crypto.com to be part of Dubai’s Cashless Strategy. This strategy shall lead to 90 percent of digital transactions in 2026.

Officials say there will be no pilot phase, and it will be implemented immediately in all departments, with no exception.

Emphasizing the government’s priorities, Abdulrahman Al Saleh, Director General of the Department of Finance, stated that the administration is focused on building a safe and efficient financial infrastructure.

BREAKING: Dubai partners with Crypto․com to accept crypto for government services! #XRP is the first regulated crypto asset in Dubai! pic.twitter.com/yuxGjTzikY

— JackTheRippler © (@RippleXrpie) May 13, 2025

Ahmad Ali Meftah, the Executive Director of Central Accounts, said the project improves convenience without compromising regulatory safety. Mohammed Al-Hakim, the president of Crypto.com UAE, has confirmed that the system will be in use across all government sectors.

XRP Emerges as a Regulated Asset Leading Government Crypto Payments

Ripple has strengthened its position in the UAE after receiving licensing from the Dubai Financial Services Authority. This license permits Ripple to offer its Ripple Payments platform throughout the region, supporting regulated cross-border transactions.

As a result, XRP now holds regulated status in one of the world’s most significant trade and remittance markets.

The UAE’s $400 billion trade hub and the $40 billion remittance market offer a huge opportunity for using XRP in daily and institutional transactions. Ripple has identified this development as one of the major developments towards increasing the real-world implementation of digital assets.

Regulatory clearance makes XRP unique in its position as one of the favorite assets in the context of crypto-based public payments. Ripple’s regional development is on the rise after opening the Dubai office in 2020.

Although the company currently holds only 20 percent of its global customer base, with the impending launch of RLUSD, Ripple’s USD-backed stablecoin, the company is increasing its service provision to address the needs of banks, fintech, and crypto businesses in the region.

The collaboration between Dubai and Crypto.com marks an important step toward the mass public adoption of crypto. As the first regulated digital asset in the region, XRP has a great opportunity to lead the shift to government-supported crypto payments.

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