Ripple and Zand Bank Launch Dual Stablecoin Payment Rails on XRPL with $1.5B RLUSD

Ripple and Zand Bank launched dual stablecoin payment rails on the XRPL ledger using RLUSD for international transfers and AEDZ for domestic payments, the project team announced. Both assets are regulated at their respective endpoints, with RLUSD holding a $1.5 billion market cap. Zand Bank is the UAE's first digital bank, the partners said.