[Ripple and UAE's Zand Bank to Partner on Stablecoins] Ripple announced a partnership with Zand, a digital bank in the United Arab Emirates (UAE), to expand digital financial infrastructure leveraging its dollar-pegged stablecoin, RLUSD, and its dirham (AED)-pegged stablecoin, AEDZ. The two companies, which signed a partnership last year, will explore supporting RLUSD within Zand's regulated digital asset custody environment, explore liquidity bridges between AEDZ and RLUSD, and explore the possibility of issuing AEDZ on the XRP Ledger (XRPL).
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