Foresight News reports that Ripple has partnered with Zand Bank and Mamo in the UAE, becoming one of the first customers to utilize Ripple Payments' blockchain cross-border payment solutions. Zand Bank plans to launch a stablecoin supported by AED, while Mamo aims to simplify global payments. Previously, Ripple received approval from the Dubai Financial Services Authority (DFSA) in March to become a blockchain payment provider.