The post Tranglo Partners with UAE’s Biggest Forex appeared first on Coinpedia Fintech News
Tranglo, a strategic partner of Ripple, has entered into a partnership with AI Ansari Exchange, the largest remittance company in the UAE. This significant collaboration marks a milestone for Tranglo’s expansion in the Middle East and has the potential to impact Ripple’s On-Demand Liquidity (ODL) service. The UAE, known for its expat-friendly environment, recorded outward remittances totaling USD 47.54 billion in 2021, according to the World Bank. With AI Ansari Exchange leading the remittance market in the UAE, this partnership opens up new possibilities and strengthens Tranglo’s presence in the region.
Source: https://coinpedia.org/crypto-live-news/tranglo-partners-with-uaes-biggest-forex/