On August 8th, Ripple is partnering with the Dubai International Financial Centre (DIFC) Innovation Centre to accelerate blockchain and digital asset innovation in the UAE. Through the new partnership, the two parties aim to jointly drive the adoption of blockchain and crypto technologies in early stage companies and scale-ups, while introducing the technology to traditional large strategic institutions and their use cases. Ripple has committed to 1 billion XRP to accelerate the development of XRPL and new global use cases.