UAE Exchange joining Ripple's RippleNet network for cross-border payments.
The deal comes amid skepticism from some over recent rise of Ripple's cryptocurrency XRP.
It's not clear if UAE Exchange will use XRP in its processes.
LONDON — Foreign exchange giant UAE Exchange has signed a deal with San Francisco fintech players Ripple on cross-border payments.
UAE Exchange is joining the startup's RippleNet network, which uses blockchain technology to power real-time international payments.
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