Ripple Partners with UAE's Zandbank on Stablecoin Collaboration

This article is machine translated
Show original
Ripple announced a partnership with Zand, a digital bank in the United Arab Emirates (UAE), to expand its digital financial infrastructure leveraging its dollar-pegged stablecoin RLUSD and dirham (AED)-pegged stablecoin AEDZ. The two companies previously partnered last year, and this collaboration will explore supporting RLUSD within Zand's regulated digital asset custody environment, as well as exploring liquidity bridges between AEDZ and RLUSD, and the potential for AEDZ issuance on the XRP Ledger (XRPL).

Sector:
Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments