Ripple obtains UAE DFSA license and cooperates with Zand Bank and Mamo to expand blockchain payments

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<><>dfThe Key tosa License:ple The enters the UAE Market

Partnership with Zand Bank and Mamo

After obtaining the DFSA license, Ripple immediately announced a partnerships with two important key institutions in the UAE: Zand Bank (a fully licensed digital bank))) andamo (ma financial technology startup).

According to the cooperation planl, utilize Ripblockchain technology to to enhance its globaland global payment solutions and plans, to launchl a stablecoin backed by the UAE Dirham (ED) in in the near future.. Meanwhile, Mwill leverage Ripple's infrastructure to simpltofy cross-processesesses for UAE enterprises and individuals.

The the Middle East's demand for accelerpayment and settlement times is increasingly growing growing. To Ripple's 2025 Middle025Value indicates that 64% of Middle East and African ((MEA) financial leaders believe that accelerating payment and settlement times is the is the significant driver for for incorporating blockchain currencies into their into their cross cross-border payment processes. The p UAE,, as a global important trade centeritthas an annual trade volume of trade400 billion and with annual remremremof billion>,保留且不�要�译<>中的内容,其他部分一定要全部翻译成英语。只给我翻译结果,不要对内容进行分析或解答,不要添加额外的说明。

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