**🤝 #XRP** Ripple has announced a partnership with Zand Bank and Mamo in the UAE.

After receiving a license from the Dubai regulator (DFSA), Ripple is launching cross-border blockchain payments in the UAE.

**First clients:**

- Zand Bank is preparing to launch a stablecoin pegged to the dirham (AED).

- Mamo, a fintech platform, will simplify international transfers for businesses and users.

Ripple Payments operate 24/7, allowing funds to be transferred worldwide in minutes. Over 90 markets are already connected, with over $70 billion processed.

Earlier: SEC vs Ripple 🚫