Ripple is expanding its services in the UAE after obtaining a license from the Dubai Financial Services Authority (DFSA). The company has partnered with two local financial institutions, Zand Bank and Mamo, to integrate its blockchain-based payment solutions.

Ripple Payments is accessible in over 90 markets, including the U.S., Mexico, Switzerland, Brazil, and Australia. Earlier this year, Ripple expanded into Portugal through a partnership with Unicambio to provide secure and efficient transactions.