Ripple Launches International Payment Platform in UAE, Revolutionizing Cross-Border Transactions

Ripple has officially launched a groundbreaking international payment system within the United Arab Emirates (UAE). This innovation utilizes blockchain technology to facilitate seamless cross-border transactions for financial institutions and businesses. Ripple’s platform will be powered by Zand Bank, the UAE’s first fully digital bank, in collaboration with fintech company Mamo. This launch is part of a wider strategy to solidify the UAE as a leading hub for digital assets.