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TimesTabloid 2025-05-21 05:50:17

Ripple Expands XRP Cross-Border Payment Services to Six Countries

Coin Bureau recently highlighted a significant development in Ripple’s global expansion, reporting that the company now facilitates cross-border payments using XRP in six countries: Dubai (UAE), the United States, Brazil, Mexico, Australia, and Switzerland. This expansion includes new partnerships with Zand Bank and Mamo in the UAE, marking a notable milestone in Ripple’s international growth. BIG NEWS: Ripple now helps businesses in 6 countries move money across borders in minutes using $XRP ! Now in Dubai, U.S., Brazil, Mexico, Australia, and Switzerland — with Zand Bank & Mamo just added in the UAE. — Coin Bureau (@coinbureau) May 19, 2025 Ripple’s strategy to enhance cross-border payments has gained momentum in recent months, with several key developments supporting this trend. In April, Ripple integrated RLUSD, its stablecoin, into its Ripple Payments platform . This integration aims to improve the speed and efficiency of cross-border treasury operations for select customers, with plans to expand RLUSD’s use over time. One of the most impactful partnerships announced in April was the purchase of Hidden Road for $1.25 billion . This partnership positions XRP as a key player in mainstream financial transactions and enhances Ripple’s credibility among major financial institutions worldwide. It also makes Ripple the first crypto company to own and operate a global, multi-asset prime broker. More Positive News for XRP In the UAE, Ripple’s recent licensing by the Dubai Financial Services Authority (DFSA) in March paved the way for its official operations in the region. Following this, Ripple signed Zand Bank and Mamo as its first licensed blockchain payment clients in the UAE. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Both institutions will utilize Ripple Payments to enable fast, cost-effective cross-border transfers leveraging blockchain technology. The DFSA license addresses inefficiencies in legacy payment systems and supports the UAE’s growing fintech ecosystem. The company continues to onboard financial institutions across continents, including major banks in Brazil, Australia, and the United States, further reinforcing XRP’s role as a bridge currency in cross-border payments. XRP’s popularity is also growing, and the eagerness of both retail and institutional investors to engage with the asset shows its broad appeal. Excitement for XRP’s Future Recent developments demonstrate the accelerating adoption of XRP for cross-border payments across multiple countries. Santander, one of Ripple’s key partners, released a video outlining the importance of digital payments and how the crypto market could grow significantly by 2030 , and XRP is perfectly positioned to dominate this growing market. The combination of stablecoin integration, strategic partnerships with global giants, and regulatory clarity in key markets such as the UAE collectively affirm that countries are increasingly ready for XRP adoption in their financial infrastructure. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Ripple Expands XRP Cross-Border Payment Services to Six Countries appeared first on Times Tabloid .

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