Ripple Taps UAE Market with Blockchain Payment Rollout
Ripple has kicked off a new phase of its global expansion by introducing blockchain-based payment solutions in the United Arab Emirates, a region increasingly embracing digital assets.
The rollout involves partnerships with Zand Bank and fintech firm Mamo, both set to integrate Ripple’s platform for international transfers.
The service, built to streamline cross-border transactions using a blend of crypto, stablecoins, and fiat, is designed to tackle outdated banking infrastructure known for slow settlements and high fees.
Backed by a Dubai Financial Services Authority license secured in March, Ripple now operates with regulatory approval in one of the Middle East’s most dynamic financial centers.
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This move comes as the UAE continues to climb the global crypto adoption ranks. While not at the top of the list, the country has recently embraced several stablecoins—like USDC, EURC, and USDT—as part of its broader digital asset push.
Authorities are also progressing toward a central bank digital currency and tightening rules around trading and token issuance, with new guidelines from Dubai’s Virtual Assets Regulatory Authority taking effect in June.
Ripple’s presence in the UAE adds another layer to the region’s bid to become a global crypto hub—and reflects the growing demand for fast, borderless payment systems in emerging financial markets.
Alex is Editor-in-Chief of Coindoo and co-founder of Millennial Media Group, with nearly a decade of experience covering financial markets - crypto first, then everything else. It started in 2016 with Bitcoin. Like most people at the time, he didn't fully understand it - so he kept digging. Blockchain, tokenomics, the projects, the cycles. That curiosity never stopped, and eventually pulled him into traditional markets too: equities, commodities, macro. Not because he left crypto behind, but because you can't properly understand one without the other. What drives him is straightforward: he wants to know why something is happening, not just that it's happening. Most market coverage stops at the headline - price up, price down, here's a chart. Alex finds that kind of reporting actively unhelpful. If you walk away from an article without understanding the mechanism behind the move, what did you actually learn? He holds a degree in Tourism from New Bulgarian University - not the most obvious path into financial markets, but markets have a way of pulling in people who are simply too curious to stay out. He has authored over 200 in-depth analyses and more than 10,000 articles across crypto and traditional finance. He still thinks every day in markets teaches him something new. That's probably why he hasn't stopped.
