According to Foresight News, Ripple has entered into a partnership with UAE-based Zand Bank and Mamo, marking them as the first clients to utilize Ripple Payments' blockchain cross-border payment solutions. Zand Bank is planning to introduce a stablecoin backed by the UAE Dirham (AED), while Mamo aims to streamline global payments. Previously, in March, Ripple received approval from the Dubai Financial Services Authority (DFSA) to operate as a blockchain payment provider.
Ripple Partners with UAE's Zand Bank and Mamo for Blockchain Payments
--・
AI Summary
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Relevant Creator
@Binance_News