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.
Share via:
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
Ripple Partners With Two Banks to Launch Cross-Border XRP Payments in the UAE
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.
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi
