Ripple will be the payment currency between the two countries

Hello dear @leofinance readers, I have prepared a good news comment about XRP for you. Here are the details of the news that the two countries will now make their payments via XRP.

United Arab Emirates and Pakistan are starting to raise funds to use the XRP cryptocurrency together.

This decision made by these two countries is always seen as positive news for Ripple and the overall global crypto development.**

Pakistan is a very big and powerful country, we know that and
Bank Alfalah, one of the largest private banks, has reached an agreement with the remittance and foreign exchange company LuLu Exchange and has agreed on a very strong partnership and projects. I believe that this situation may be an indication that similar developments will occur in Pakistan and the United Arab Emirates in the future.

Image Sources: Coinmarketcap

Payments between Pakistan and the UAE will be handled via the RippleNet Cloud service.