Ripple is strengthening its global presence once again. The company has secured two key partnerships in the United Arab Emirates (UAE), expanding its footprint in a region known for rapid fintech innovation. These moves follow Ripple’s recent regulatory breakthrough with a license from Dubai’s financial authorities.
Ripple deepens roots in UAE with Zand Bank and Mamo
Ripple’s expansion in the Middle East continues as it teams up with Zand Bank and fintech startup Mamo. The partnerships come shortly after Ripple received official approval from the Dubai Financial Services Authority (DFSA), allowing it to operate within the region’s regulated financial ecosystem.
Zand Bank, the UAE’s first fully licensed digital bank, will integrate Ripple’s blockchain technology to modernize its payment infrastructure. The bank also plans to launch a stablecoin backed by the UAE dirham (AED), marking a deeper commitment to blockchain-powered financial services.
Meanwhile, Mamo—a fast-rising fintech company in Dubai—is tapping into Ripple’s infrastructure to streamline cross-border payments. “We can now scale faster and more securely,” said CEO Imad Gharazeddine, emphasizing the platform’s reliability.
Both partnerships highlight Ripple’s ambition to position itself as the go-to provider of blockchain payment infrastructure in emerging economies, particularly where legacy banking systems remain inefficient and costly.
Ripple presses forward despite U.S. legal setbacks
While Ripple is finding success abroad, its legal battle with the U.S. Securities and Exchange Commission (SEC) continues. Just last week, Judge Analisa Torres denied Ripple’s motion for an indicative ruling in the long-standing lawsuit, sparking fresh debate within the XRP community.
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Legal experts such as John Deaton and Bill Morgan argue the denial is procedural, not a ruling on the merits. Ripple intends to submit a revised motion soon, aiming to resolve the case and bring regulatory clarity to its XRP token.
Despite the ongoing uncertainty in the U.S., Ripple is rapidly expanding its On-Demand Liquidity (ODL) services. The company now operates in over 90 global markets, using XRP as a bridge asset for fast and affordable currency transfers.
Adding to its momentum, CME Group is launching XRP futures contracts today—a significant move that could boost institutional interest and accelerate mainstream adoption of the token.
Looking ahead: Ripple’s strategy for global growth
Ripple’s growth strategy is clearly focused on technology, compliance, and partnerships. The Zand Bank and Mamo deals illustrate the increasing demand for efficient blockchain solutions in regions like the Gulf, where innovation often moves faster than regulation.
While many crypto firms face mounting regulatory pressure, Ripple is building a global payments network that’s already operational and expanding. Even if legal uncertainty remains in the U.S., Ripple is making it clear that its vision goes far beyond American borders.
With rising institutional interest, expanding partnerships, and a proven payment solution, Ripple is positioning itself as a serious contender in the future of global financial infrastructure.
