*🇦🇪 BREAKING: Ripple announces Zand Bank and Mamo as its first blockchain-powered payments clients in the United Arab Emirates (UAE)* *Ripple is a blockchain-based digital payment network and protocol that enables fast, secure, and low-cost cross-border transactions.* This development comes after Ripple secured a license from the Dubai Financial Services Authority (DFSA) in March 2025, *enabling the company to manage end-to-end payments for its clients.* *Key Partnership Details:* - *Zand Bank*: A fully licensed digital bank in the UAE, Zand Bank will utilize Ripple's blockchain-enabled cross-border payments solution to enhance its digital asset services. *The bank plans to launch an AED-backed STABLECOIN to facilitate SMOOTHER transactions.* - *Mamo*: A UAE-based fintech company, *Mamo will use Ripple's technology to simplify GLOBAL PAYMENT PROCESSES FOR BUSINESSES AND INDIVIDUALS, offering faster and more reliable cross-border payments.*