<ul><li>Ripple has officially launched its blockchain-based payments platform in the UAE, partnering with Zand Bank and Mamo for instant cross-border transactions using crypto, fiat, and stablecoins.</li><li>The expansion into UAE follows Ripple's regulatory approval from the Dubai Financial Services Authority, allowing it to offer crypto-enabled payment services and challenge traditional systems.</li><li>Through the partnerships with Zand Bank and Mamo, Ripple leverages its infrastructure to combine fiat, stablecoins, and cryptocurrency for international payments, offering an alternative to legacy systems.</li><li>Ripple's move strengthens its presence in the Middle East amidst broader crypto ambitions in the UAE, as the country positions itself as a global digital asset hub.</li></ul>

Ripple Leverages DFSA Licence to Onboard Zand Bank and Mamo for Instant UAE Payments

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