Ripple has partnered with Zand Bank and fintech firm Mamo to integrate its platform for international transfers in the UAE market.
The service aims to streamline cross-border transactions using crypto, stablecoins, and fiat to address slow settlements and high fees.
Ripple secured a license from Dubai Financial Services Authority in March, enabling it to operate with regulatory approval in the dynamic financial center.
The UAE has been climbing the global crypto adoption ranks, embracing stablecoins and working towards a central bank digital currency, with Ripple's presence adding to the region's push to become a global crypto hub.