Zand Bank And Mamo (May 19, 2025): Following the DFSA license, Ripple announced that both institutions are now using Ripple Payments’ blockchain-based cross-border services Ripple+3Ripple+3Zawya+3.
Zand Bank is also preparing to launch a dirham-pegged stablecoin to streamline local digital transactions Business Wire+10Ripple+10BeInCrypto+10
DIFC Innovation Hub (Aug 7, 2024): Ripple’s partnership supports developers and startups, supplying mentorship and access to XRP Ledger tools. They committed 1 billion XRP to fund ecosystem growth Reddit+5Ripple+5Reddit+5
Reddit users have highlighted the significance of Dubai’s approach:
“Dubai’s listing of XRP has the potential to unlock new regional payments and other virtual asset use cases…” Reddit+1Ripple+1
“Ripple has received full regulatory from the Dubai Financial Services Authority (DFSA), allowing it to offer cross-border crypto payment services in the United Arab Emirates (UAE).” Reddit+15Reddit+15Ripple+15
Community sentiment echoes institutional confidence—viewing Dubai as a leading crypto-forward hub and anticipating positive developments for XRP uptake in payments.
🧭 BIG PICTURE SUMMARY
Regulatory clarity through DFSA and DIFC legitimizes XRP for institutional payments.
Active onboarding of UAE banks paves real use-case adoption.
Strategic investment in talent and developers positions Dubai as an XRPL hub.
🔮 WHAT’S NEXT
Wider adoption of Ripple’s solutions across the UAE and broader Gulf region.
Launch of stablecoins pegged to local currencies, beginning with Zand Bank’s dirham-backed token.
Possible expansion of Ripple Payments and XRP-powered rails into mainstream finance and remittance corridors.
FINAL TAKE
XRP in Dubai is no longer just talk—it’s legal, licensed, and live. Ripple is actively rolling out regulated on‑chain payments with real institutions (and real stablecoins!). Dubai’s ecosystem is embracing XRP both at the regulatory and commercial levels. If you’re holding XRP or following blockchain in the UAE, this is a pivotal moment.
@XRP #xrp #BinanceHODLerLA #USCryptoWeek #BinanceHODLerLA #HotTrends @TopCryptoNews @-AB @hind_aljasser
