Two money transfer firms are to open a new payments corridor using RippleNet, while a Kuwaiti bank has also signed up to use the service.
A subsidiary of South Korean cryptocurrency exchange Coinone is turning to Ripple's xCurrent blockchain network for cross-border payments.
Muscat-based financial management firm BankDhofar has become the first Oman bank to join RippleNet, a global enterprise blockchain network by Ripple.
Two banks and three money remittance firms across four different countries are turning to Ripple's blockchain networks for cross-border payments.
A remittance firm based in Abu Dhabi has inked a new partnership with distributed ledger startup Ripple.