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Cryptocurrency News Articles
Ripple Expands Its Cross-Border Payments Using XRP to Six Countries
May 21, 2025 at 01:50 pm
This expansion includes new partnerships with Zand Bank and Mamo in the UAE, marking a notable milestone in Ripple's international growth.
Coin Bureau highlights that Ripple now helps businesses in six countries—Dubai, the U.S., Brazil, Mexico, Australia, and Switzerland—move money across borders in minutes using XRP. This includes new partnerships with Zand Bank and Mamo in the UAE.
"Now in Dubai, U.S., Brazil, Mexico, Australia, and Switzerland - with Zand Bank & Mamo just added in the UAE."
Recently, there has been a surge in interest in stablecoins, particularly from institutions seeking to optimize treasury management and cross-border transactions.
In April, Ripple integrated its stablecoin, RLUSD, into its Ripple Payments platform to enhance the speed and efficiency of cross-border treasury operations for select customers.
This integration aims to streamline existing processes and expand the use of RLUSD for broader operations in the future.
Furthermore, to amplify its footprint in the global financial landscape, Ripple completed the acquisition of Hidden Road for $1.25 billion.
This partnership will position XRP as a key player in mainstream financial transactions and enhance Ripple’s credibility among major financial institutions worldwide. It also makes Ripple the first crypto company to own and operate a global, multi-asset prime broker.
The company's recent licensing by the Dubai Financial Services Authority (DFSA) in March enables its official operations in the UAE.
Following this, Ripple signed Zand Bank and Mamo as its first licensed blockchain payment clients in the UAE. Both institutions will utilize Ripple Payments to enable fast, cost-effective cross-border transfers leveraging blockchain technology.
The DFSA license addresses inefficiencies in legacy payment systems and supports the UAE’s growing fintech ecosystem.
Both institutions will utilize Ripple Payments to enable fast, cost-effective cross-border transfers leveraging blockchain technology. The DFSA license addresses inefficiencies in legacy payment systems and supports the UAE’s growing fintech ecosystem.
The company continues to onboard financial institutions across continents, including major banks in Brazil, Australia, and the United States, further reinforcing XRP’s role as a bridge currency in cross-border payments.
XRP’s popularity is also growing, and the eagerness of both retail and institutional investors to engage with the asset shows its broad appeal.
Recent developments demonstrate the accelerating adoption of XRP for cross-border payments across multiple countries.
Santander, one of Ripple’s key partners, released a video outlining the importance of digital payments and how the crypto market could grow significantly by 2030, and XRP is perfectly positioned to dominate this growing market.
The combination of stablecoin integration, strategic partnerships with global giants, and regulatory clarity in key markets such as the UAE collectively affirm that countries are increasingly prepared for XRP adoption in their financial infrastructure.
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