Ripple, a global digital assets provider, has kickstarted the provision of blockchain-powered payment solutions in the United Arab Emirates (UAE). The firm, well known for its support for the XRP cryptocurrency announced Zand Bank and Mamo as the first clients from UAE utilizing Ripple Payments. The move comes after the firm became the first blockchain-based services provider licensed by the Dubai Financial Services Authority (DFSA).
The onboarding of the two UAE-based firms marks a big step in Ripple’s efforts to establish its presence in one of the world’s leading remittance markets. The firm will provide around-the-clock, clear and fast global payments using a safe blockchain network. With both local and global support, Ripple‘s services will ease money transfer processes for banks, fintechs and consumers in UAE.
Ripple Announces Zand Bank and Mamo as First Clients From UAE
Earlier in March 2025, Ripple announced that it had acquired a license from the DFSA. The licensing marked a significant milestone for the enterprise blockchain services provider, as it became the first firm to acquire such a license. With this crucial licensing, Ripple could now extend its regulated crypto payments and services in the Dubai International Finance Centre (DIFC).
Building on this licensing, Ripple has since taken a big step forward to establish itself in the UAE. Earlier on May 19, the firm announced the onboarding of Zand Bank and Mamo as clients utilizing the Ripple Payments infrastructure.
“Following our DFSA license, Zand Bank and @MamoPay are now live on Ripple Payments—bringing always-on, blockchain-powered cross-border payments to one of the world’s top remittance hubs,” Ripple’s post on X read.
Through Ripple Payments, these firms will now experience end-to-end, fast, reliable and around the clock cross-border payments. Furthermore, through a well established global network, the firm counters high fees, long delays and lack of transparency faced in traditional forms of payments.
Reece Merrick, Ripple’s Managing Director for the Middle East and Africa (MENA) region, believes that the DFSA license will continue to pave Ripple’s way into UAE. “Our new partnerships with Zand Bank and Mamo are testament to the momentum that the license has created for our business,” Merrick remarked as per the Press Release shared by Ripple.
UAE’s Growing Traction as a Top Crypto Hub
The United Arab Emirates remains a hotspot for crypto investors. As reported by Blockchain News back in November 2024, this is majorly contributed by the favorable tax laws in the country. The nation provides a conducive environment for crypto firms and investors with no personal income or capital gains tax on cryptocurrency earnings.
With UAE now a top crypto haven, most digital assets service providers are targeting entry into the nation. This could help grow the economy of the country through mass adoption of crypto in day-to-day financial activities. The supportive nature for crypto adoption has also not gone unnoticed by top crypto infrastructure and service firms like Ripple and Circle.
Following the onboarding of Mamo and Zand Bank, Ripple’s Merrick stated; “As the global cross-border payments market grows, the leadership demonstrated by authorities in the UAE to create a supportive environment for crypto innovation. [This] has positioned the nation and its native companies to benefit from the transformative power of blockchain technology to drive efficiency and innovation in payments.”
The press release by Ripple also confirmed that Ripple’s payment solutions are experiencing increased demand in the MENA region, with UAE leading the surge. Ripple has thus positioned itself to provide essential blockchain-based financial services for UAE-based institutions.
Ripple-backed XRP is Dipping
Despite the announcement of the onboarding of Mamo and Zand Bank, XRP is plummeting on the day. As per CoinGecko, XRP is trading at $2.32 as at press time. This price level marks a 3.2% dip on the day.
This dip in the price of XRP can be attributed to a dip in the broader crypto market in tandem with the drop in the price of Bitcoin. Often, XRP as well as other altcoins mirror the price of BTC.
Nonetheless, with Ripple payments now live in the UAE, XRP and Ripple’s RLUSD stablecoin, are set to benefit from the launch. Increased adoption could push XRP’s price and RLUSD’s market cap to new frontiers. The partnership with UAE-based firms also highlights adoption of crypto in the tradfi sector.
Did you know you’re able to get actual income just by playing simple games on your Android device.
There’s no upfront payment — register in seconds and predict and earn. The system is designed even for beginners.
Here’s how it works: you choose a color, and if the outcome hits — you receive real money.
The APKs we reviewed are tailored to offer cash rewards. They don’t take much time.
Many of the listed applications allow instant withdrawals, and some earn up to $100 daily with consistent play.
This isn’t about luck alone. Some games reward consistency. People create spreadsheets to improve overall income.
Here’s what you get when you explore this opportunity:
– Access to Android casino apps that actually pay
– Transparent payout terms and fast processing
– No personal data required beyond basic sign-up
– Compatible with all modern Android versions
– Free-to-play with real-money potential
– Options to earn even during short breaks or in idle time
– Some games even include referral bonuses for inviting others
– Multi-language support across most apps
– Constantly updated game lists to match current trends
– Full independence — you choose when and what to play
You’re not alone. Every single day, thousands of people are switching to these apps and seeing real results — in the evening.
The key difference? These aren’t fake games that ask you to spend endlessly. The apps listed on our site have been carefully selected.
To see the full list of trusted apps, along with earnings data, payout speed, and user reviews, visit: end-gamers.com
There you’ll find a expert-reviewed list of Android casino APKs that let you build a stream of mobile income.
Whether you’re looking for:
– Fast payouts without deposits
– APKs that work on older phones
– Games that reward prediction, not just luck
– A simple way to earn money on your phone
– Verified platforms with no scams
…you’ll find everything in one place — with direct links and honest breakdowns.
This method isn’t some get-rich-quick scheme, but it’s a great way to test how games can pay.
If you’ve ever thought about monetizing your time with your phone — this is your chance.
Visit end-gamers.com now and find out which app pays *you* the best.
It only takes one try to start earning.