ARP Digital, a digital asset firm licensed by the Central Bank of Bahrain as a Category 3 Crypto-Asset Services Provider, has announced a strategic partnership.
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ARP Digital, a digital asset firm licensed by the Central Bank of Bahrain as a Category 3 Crypto-Asset Services Provider, has announced a strategic partnership.
ARP Digital, a digital asset firm licensed by the Central Bank of Bahrain as a Category 3 Crypto-Asset Services Provider, has announced a strategic partnership with stc Pay, a leading digital financial services provider in the Middle East. This collaboration aims to introduce regulated stablecoin infrastructure that facilitates seamless settlement and conversion between digital assets and fiat currencies across high-volume financial corridors in the GCC region.
Under the partnership, ARP Digital will serve as stc Pay’s settlement and digital-asset conversion partner in the GCC, while stc Pay will act as ARP’s terminating and collection partner in key global corridors. Abdulaziz Kanoo, Co-Founder of ARP Digital, emphasized that this alliance will expand access to efficient cross-border payment rails, combining ARP’s regulated settlement capabilities with stc Pay’s extensive regional presence. The partnership is part of ARP Digital’s global efforts to build interoperable settlement rails powered by stablecoins, bridging traditional financial systems with emerging digital asset technologies.
This initiative is expected to enhance transparency, reduce transaction times, and provide more cost-effective digital payment solutions for businesses and consumers alike across the Middle East.
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