UAE digital bank Zand has partnered with Ripple to advance the regional digital economy through stablecoin innovations and blockchain technology. The collaboration centers on Zand's Dirham-backed stablecoin (AEDZ) and Ripple's US Dollar stablecoin (RLUSD), including plans to integrate AEDZ on the XRP Ledger. This initiative supports the UAE's objective to double the digital economy's growth by 2032 by leveraging regulated stablecoins and blockchain infrastructure.
