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CoinBasecamp > Blog > Latest News > XRP Ripple Breaking News Today: Ripple joins Hands With Zand Bank and Mamo
Latest News

XRP Ripple Breaking News Today: Ripple joins Hands With Zand Bank and Mamo

Last updated: May 29, 2025 12:17 am
Ali Iqbal
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Ripple breaking news today as the blockchain giant partners with Zand Bank and Mamo in the UAE, expanding XRP-powered cross-border payments and strengthening its global financial footprint.

Contents
1. Ripple Secures DFSA License: A Regulatory Milestone2. Zand Bank and Mamo Join Rippleโ€™s Network3. UAEโ€™s Strategic Push Toward Blockchain and Crypto Growth4. Why Ripple Payments is a Global Force5. Stablecoin Innovation: Zand Bankโ€™s AED-Backed Token6. Rippleโ€™s 2025 New Value Report: Strong Market Insights7. Will Ripple Dominate Global Payments?FAQs โ€“ Ripple Breaking NewsLatest Crypto News:

What if we told you that the future of international banking and crypto-backed transactions is being shaped right nowโ€”in Dubai? Ripple has just sealed two powerful partnerships in the UAE, a move that could revolutionize how money flows globally.

1. Ripple Secures DFSA License: A Regulatory Milestone

Ripple has officially been licensed by the Dubai Financial Services Authority (DFSA), making it the first blockchain-powered payments company to achieve this in Dubai. This isnโ€™t just a regulatory checkboxโ€”it unlocks massive opportunities. With this license, Ripple can now fully manage cross-border payments on behalf of clients, bringing unmatched speed, compliance, and transparency.

2. Zand Bank and Mamo Join Rippleโ€™s Network

Ripple has announced partnerships with Zand Bank and Mamo, two innovative financial entities in the UAE. These institutions will utilize Ripple Payments, a blockchain-based cross-border payment solution. This partnership ensures 24/7/365 global transfers with instant settlements, dramatically reducing the time and cost typically associated with international wire transfers.

Ripple Payments momentum is building in the UAE. ๐Ÿ‡ฆ๐Ÿ‡ช https://t.co/gFiwxXWfM5

Following our DFSA license, Zand Bank and @MamoPay are now live on Ripple Paymentsโ€”bringing always-on, blockchain-powered cross-border payments to one of the worldโ€™s top remittance hubs.

โ€” Ripple (@Ripple) May 19, 2025

3. UAEโ€™s Strategic Push Toward Blockchain and Crypto Growth

The UAE is rapidly becoming a global crypto hub. More than a million businesses are expected to operate there by 2030, making the nation fertile ground for blockchain solutions. By fostering partnerships like Rippleโ€™s, the UAE reinforces its position as a leader in the digital asset economy. The DFSAโ€™s openness toward crypto regulation is accelerating innovation across fintech, payments, and tokenized assets.

4. Why Ripple Payments is a Global Force

Ripple Payments is not a small playerโ€”it operates in over 90 markets and covers more than 90% of the worldโ€™s daily FX markets. With more than $70 billion processed in volume and 60+ regulatory licenses, Rippleโ€™s infrastructure is built for scale. The solution is currently live in key economies including the U.S., Mexico, Brazil, Australia, Switzerland, and now Dubai.

xrp-ripple-breaking-news-today
Ripple Payout Network, Image: Ripple

5. Stablecoin Innovation: Zand Bankโ€™s AED-Backed Token

Zand Bank isnโ€™t just integrating Rippleโ€”itโ€™s also preparing to launch an AED-backed stablecoin. This will allow faster local and cross-border settlements, reduce FX volatility, and promote efficiency. The upcoming token could make UAE-based payments among the most advanced in the world.

6. Rippleโ€™s 2025 New Value Report: Strong Market Insights

According to Rippleโ€™s 2025 New Value Report, 64% of Middle East and Africa finance leaders see faster settlements as the key reason for adopting blockchain-based payments. This validates Rippleโ€™s approach and underscores the growing interest in blockchain from both traditional and crypto-native institutions.

7. Will Ripple Dominate Global Payments?

Ripple isnโ€™t just serving crypto companies. Itโ€™s building a bridge between traditional finance and the future of decentralized finance (DeFi). With a secure, compliant, and scalable infrastructure, Ripple is set to transform how banks, fintechs, and even governments move money globally.


FAQs โ€“ Ripple Breaking News

What is the latest Ripple breaking news today?
Ripple announced partnerships with Zand Bank and Mamo in the UAE, along with securing a DFSA license to offer cross-border payments in Dubai.

Why is Rippleโ€™s DFSA license important?
It allows Ripple to operate legally and efficiently in the UAE, offering end-to-end blockchain payment solutions for banks and fintechs.

How does this news affect XRP?
Positive partnerships and regulatory achievements often boost investor confidence, which can positively influence XRPโ€™s market sentiment.

Will Ripple expand to other countries after the UAE?
Yes, Ripple already operates in over 90 global markets and continues to expand, including regions like the U.S., Mexico, Australia, and Switzerland.

What is the significance of the AED-backed stablecoin?
It represents a major step toward digitized local currencies and enables faster, more efficient financial transactions within and outside the UAE.


Disclaimer: This content is for informational purposes only and does not constitute financial advice. Always do your own research and consult with a licensed financial advisor before making any investment decisions.

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TAGGED:AltcoinsLatest crypto newsRippleRipple XRP NewsXRP
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ByAli Iqbal
Ali is a crypto analyst and writer specializing in news, trading charts, and market insightsโ€”delivering expert, easy-to-understand content to help investors navigate the digital asset landscape.
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