Zand, a digital bank in the United Arab Emirates, has expanded its support for the stablecoin USD Coin (USDC) as it looks to improve cross-border payment services in the country. According to Techub, citing Crypto Briefing, the move is expected to cut payment costs and reduce settlement times for cross-border transactions. Zand had already offered cryptocurrency trading services before this update. The latest step adds to the bank’s broader push to deepen digital asset integration within its business. The report also describes the expansion as part of Zand’s effort to rethink global financial infrastructure through wider use of digital assets. No additional operational details, rollout timeline, or product specifications were disclosed in the news brief.
Zand, a digital bank in the United Arab Emirates, has expanded support for USD Coin (USDC) to improve its cross-border payment services in the UAE, according to Techub, which cited Crypto Briefing.
The report said the move is expected to significantly lower cross-border payment costs and shorten settlement times.
Zand had already been offering cryptocurrency trading services before the expansion. The bank described the latest step as part of its broader effort to deepen digital asset integration and reshape global financial infrastructure.
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