XRP News Today: Ripple Expands XRP-Based Payment Services to Six Countries

Ripple, a leading innovator in the cross-border payment sector, has made a significant stride by extending its XRP-based payment services to six countries: the United Arab Emirates, the United States, Brazil, Mexico, Australia, and Switzerland. This expansion is a testament to Ripple's commitment to leveraging blockchain technology to facilitate faster, more secure, and transparent cross-border transactions.

In the United Arab Emirates, Ripple has forged strategic partnerships with Zand Bank and the fintech platform Mamo. This collaboration is made possible by a license granted by the Dubai Financial Services Authority (DFSA) in March 2025, positioning Ripple as the first payment provider to receive this certification. The DFSA license allows Ripple to offer 24/7 cross-border payment services with significantly reduced settlement times. Zand Bank and Mamo will utilize Ripple's blockchain technology to streamline global payments, benefiting a wide range of financial institutions, including banks, crypto companies, and fintech firms worldwide.

Ripple's expansion into these countries highlights its dedication to improving the efficiency of cross-border payments. By employing blockchain technology and digital assets, Ripple ensures that transactions are executed swiftly, securely, and transparently. This solution is particularly advantageous for businesses that require prompt and reliable international money transfers. The company's ability to legally provide blockchain payment solutions across multiple jurisdictions further solidifies its standing as a leading crypto service provider.

The introduction of XRP-based payment services in these regions marks a significant milestone for Ripple. It not only broadens the company's global footprint but also reinforces its role as a pioneer in the application of blockchain technology for financial transactions. The partnerships with local financial institutions and fintech platforms further cement Ripple's presence in these markets, laying the groundwork for future growth and innovation in the cross-border payment sector.

Ripple's strategy to enhance cross-border payments has gained significant momentum in recent months. 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. Additionally, Ripple's purchase of Hidden Road for $1.25 billion positions XRP as a key player in mainstream financial transactions and enhances Ripple’s credibility among major financial institutions worldwide. This acquisition makes Ripple the first crypto company to own and operate a global, multi-asset prime broker.

In the United Arab Emirates, 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. 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. Recent developments demonstrate the accelerating adoption of XRP for cross-border payments across multiple countries. The combination of stablecoin integration, strategic partnerships with global giants, and regulatory clarity in key markets collectively affirm that countries are increasingly ready for XRP adoption in their financial infrastructure.