Ripple has officially launched its blockchain-based payment platform, Ripple Payments, within the United Arab Emirates (UAE), collaborating with Zand Bank and fintech firm Mamo. This move follows Ripple’s receipt of regulatory approval from the Dubai Financial Services Authority (DFSA) in March 2025. The partnership aims to revolutionize international payments across the region, offering a more efficient and affordable experience for both individuals and businesses. Ripple Payments facilitates cross-border transactions using XRP, leveraging its native stablecoin RLUSD to ensure stability and security.** Zand Bank will utilize this platform to expand its digital asset services and streamline global payment capabilities for customers, while Mamo will leverage Ripple’s technology to enhance international money transfers. The initiative signifies a major shift in the UAE’s digital payment landscape.