.Ripple is bullish on MENA countries' soaring demand for ODL: Ripple's navinblockchain Wkahneman XRP
According to Navin Gupta, financial institutions in the MENA region seek to switch to crypto rails as the region sees a big demand for crypto-based remittances and transnational payments. Some of the local platforms such as Pyypl and LuLu Money are already utilizing ODL to conduct payments between the United Arab Emirates and other locations around the globe.
Aside from the above mentioned partners, Ripple collaborates with major banks in MENA, which includes SABB in the UAE and QNB in Qatar.
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