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Ripple is expanding its cross-border crypto payment solutions to the UAE, partnering with Zand Bank and Mamo to facilitate international transactions. This collaboration will provide on and off-ramp services for banks, crypto firms, and fintechs globally, aiming to integrate cryptocurrencies and Ripple Payments into the UAE’s international settlement infrastructure. The announcement, made on May 19th, highlights Ripple’s commitment to strengthening its presence in the Middle East, capitalizing on the UAE’s progressive stance on digital assets. These partnerships will leverage Ripple’s technology to streamline cross-border payments, offering faster and more efficient alternatives to traditional methods.
