XRP Launches Payment Services in UAE with Ripple, Zand, Mamo

XRP is taking a significant leap in the global digital payments space, as Ripple officially rolls out its XRP-powered payment solutions in the United Arab Emirates through new partnerships with Zand Bank and Mamo. This launch marks a pivotal expansion into one of the world’s most dynamic financial hubs.

After obtaining approval from the Dubai Financial Services Authority (DFSA) in March 2025, Ripple became the first blockchain fintech to operate a fully compliant digital asset payment platform inside the Dubai International Financial Centre (DIFC). This milestone paved the way for the company to launch its Ripple Payments platform in the UAE’s strategically important financial market.

Ripple’s UAE debut is anchored by Zand Bank and Mamo—two innovative financial institutions now integrated into the Ripple Payments ecosystem. The collaboration enables both entities to harness blockchain technology to offer faster, more affordable cross-border transfer services to individuals and businesses alike. Zand Bank is looking to strengthen its global transaction capabilities, while Mamo, a customer-focused fintech firm, aims to enhance transparency and liquidity in international money transfers.

Ripple Payments allows users to send funds across borders with remarkable speed and low cost, leveraging the efficiency of blockchain. Central to this platform are XRP and a new USD-backed stablecoin, RLUSD. Both are vital for ensuring liquidity and preparing for instant settlements—factors that are crucial to serving the growing demand for digital payments in the Middle East.

Issued by Standard Custody & Trust Company, RLUSD is tailored for regulatory compliance and institutional use. As of now, there are $312.99 million RLUSD tokens in circulation. This stablecoin is becoming an instrumental bridge for global value transfers, reducing friction in the remittance process. Ripple employs XRP in specific corridors, creating a faster, more efficient system that caters to both enterprises and consumers.

By building a presence in the UAE—a country known for its open regulatory stance and status as a leading remittance market—Ripple is positioning itself as a dominant player in blockchain-based financial services. Through Ripple Payments, the company currently serves over 90 payout markets and records $70 billion in transactional volume. The combined usage of XRP and RLUSD ensures both scalability and fluidity in settlement operations.

With its firm regulatory foundation and strategic alliances, Ripple is poised to reshape the UAE’s digital payment infrastructure. The integration of Zand Bank and Mamo not only accelerates Ripple’s regional growth but also underscores the increasing demand for secure, efficient blockchain transactions in the financial sector.

This latest development further highlights Ripple’s mission to democratize access to global liquidity, making it easier for people and organizations to move money around the world. As the adoption of XRP and RLUSD continues to grow, Ripple solidifies its role as an innovator where traditional finance and modern technology intersect.

Related: Expert Advice: Sell XRP If You’re Confused

To stay tuned to the real-time roadmap of pioneering digital payment systems, observers are now looking at how Ripple’s UAE foray will ripple out across other emerging markets, redefining cross-border financial experiences through blockchain precision.