XRP Futures Debut and Ripple Momentum in the UAE
On May 19, 2025, XRP reached a significant institutional milestone as CME Group launched XRP futures, marking a new era for the cryptocurrency. This development underscores growing interest in XRP within the financial sector.
Simultaneously, Ripple is gaining traction in the UAE. Following Ripple's DFSA license approval, Zand Bank and MamoPay have officially gone live on Ripple Payments. This innovation enables blockchain-powered, always-on cross-border payments in the UAE, one of the world's leading remittance hubs.
Brad Garlinghouse, alongside CME Group, celebrated this milestone on social media, highlighting the XRP Futures achievements. Ripple also emphasized the importance of UAE developments for its payment ecosystem.
These advancements signify remarkable progress for Ripple, the XRP community, and the broader crypto industry, solidifying their roles as key players in global financial innovation.