Paribu Acquires CoinMENA, Strengthening Ripple’s RLUSD Expansion Across the Middle East

In a move that could reshape crypto infrastructure across the Gulf region, Turkish exchange Paribu has officially acquired CoinMENA — a licensed and regulated crypto platform and a confirmed Ripple partner for the RLUSD stablecoin rollout.

The acquisition is more than a simple expansion play. CoinMENA holds coveted regulatory licenses in both Dubai (UAE) and Bahrain, giving Paribu access to one of the most compliance-heavy and strategically important corridors in global fintech.

CoinMENA, a #Ripple partner for
#RLUSD launch, has been purchased by Paribu (Turkey).
Using CoinMena’s licenses in Dubai and Bahrian, their “expanded regulatory footprint positions Paribu as one of the region’s few regulated multi-jurisdiction operators.”
pic.twitter.com/vcJChRhfEI

— WrathofKahneman (@WKahneman)
December 6, 2025

Why This Matters for Ripple and RLUSD

Ripple’s RLUSD stablecoin rollout depends heavily on compliant partners in regions where digital asset regulations are maturing rapidly. CoinMENA has been one of those partners — and now, under Paribu, the operational reach expands even further.

Paribu’s access to CoinMENA’s dual licensing makes it one of the few regulated multi-jurisdiction operators in the Middle East. This matters for Ripple because:

• RLUSD adoption depends on regulated corridors for banking partners and stablecoin on/off ramps.
• Dubai and Bahrain are leading hubs for digital asset frameworks, attracting institutional players.
• Cross-border remittance and settlement between Turkey, UAE, and Bahrain is a high-volume corridor.
• RippleNet and RLUSD partners will now have a wider compliance network to tap into.

Essentially, this acquisition strengthens the regulatory backbone Ripple needs to scale RLUSD across key MENA markets — all while improving institutional confidence in compliant liquidity providers.

A Strategic Move for Paribu

Paribu has been expanding aggressively outside its home market of Turkey, and this acquisition gives the exchange immediate access to:

• Dubai’s Virtual Assets Regulatory Authority (VARA) oversight
• Bahrain’s crypto license framework
• A direct partnership link to Ripple’s enterprise ecosystem

This positions Paribu to become a major operator in regulated crypto activity across the Middle East — a region where financial institutions increasingly demand compliance-first infrastructure.

What This Means for the Region

With this move, Paribu steps into a new tier of influence, now standing among the few multi-jurisdiction, fully regulated crypto platforms in the Gulf area. That’s rare in a region fragmented by different jurisdictions and compliance requirements.

The acquisition also signals a broader trend: crypto exchanges are merging, consolidating, and partnering with Ripple-connected entities to position themselves for the global stablecoin and instant-settlement era.

Final Thoughts

Ripple’s RLUSD rollout is slowly forming a network of fully compliant operators across key global corridors — and Paribu’s acquisition of CoinMENA is another major piece in that puzzle.

The Middle East continues to show strong leadership in establishing regulatory clarity, and with Paribu now holding licenses in Dubai and Bahrain, RLUSD’s regional adoption narrative just widened dramatically.