US-based Fluent Finance spearheads digital transformation in MEA Region

US-based Fluent Finance spearheads digital transformation in MEA Region

ABU DHABI, UAE — Fluent Finance, a leading US-based blockchain company that specializes in deposit token infrastructure and its low counterparty risk stablecoin, announced its strategic expansion into the MEA region by establishing operations in Abu Dhabi. The initiative, with the support of the UAE Ministry of Economy , exemplifies Fluent's dedication to transforming the landscape of trade finance and cross-border payments and complements the UAE's ambitious vision to become a global hub of digital innovation. Fluent Finance's CEO, Bradley Allgood, renowned for his expertise in establishing special economic zones, has been at the forefront of this initiative. Over the last two years, Allgood has meticulously evaluated jurisdictions worldwide before deciding on UAE as the prime location for Fluent's expansion. He has offered his insights across multiple roundtable discussions organized by Hub71 to optimize the regulatory sandbox for global trade finance and payment infrastructure. "The UAE has positioned itself as a global leader for digital assets through their special economic zone initiatives, regulation foresight, and global trade expansion with strategic Memorandums of Understanding (MoUs)”, says Allgood. “We use Corda by R3 as our enterprise layer to bring CBDC-compatible deposit token infrastructure for borderless payments, complementing the UAE as they lead