stablecoin

NEWS DESK

MENA Emerges as Binance’s Fastest-Growing Region for Stablecoin Savings

News Desk 21/07/2026

The Middle East and North Africa is emerging as one of the world’s most dynamic markets for stablecoin adoption, as users increasingly incorporate stablecoins into a broader range of financial activities, including trading, savings, value preservation and access to digital financial products,

NEWS DESK

Wego Introduces Stablecoin Payments Through Partnership with Triple-A for Flights and Travel Bookings

News Desk 19/05/2026

Wego, the number one travel app and the largest online travel marketplace in the Middle East and North Africa (MENA), has partnered with Triple-A, a global payment institution, to introduce stablecoin payments for travel bookings, further expanding the range of payment options available to travelers booking flights and other travel services. Through this integration,

NEWS DESK

BurjX Expands Stablecoin Infrastructure Under ADGM Regulation

News Desk 21/04/2026

BurjX, the UAE-born digital asset brokerage and custodian licensed by the Financial Services Regulatory Authority (FSRA) of ADGM, the international financial centre of Abu Dhabi, today announced an enhancement to its service offering, further expanding how clients use stablecoins across multiple blockchain networks in connection with its regulated activities.  

NEWS DESK

Bybit Launches $10M Stablecoin Fixed-Income Offering to Navigate Volatile Markets

News Desk 06/03/2026

With the Crypto Fear and Greed Index plunging to historic lows and Bitcoin pulling back sharply from its highs, Bybit, the world’s second‑largest cryptocurrency exchange by trading volume headquartered in Dubai, is reaffirming a simple belief: in moments of uncertainty, the community needs stability, clarity, and real opportunities to earn steady income. Rather than

NEWS DESK

RAKBANK Receives In-Principle Approval to Launch an AED-Backed Stablecoin

News Desk 07/01/2026

RAKBANK announced today that it has received in-principle approval from the Central Bank of the UAE (CBUAE) to issue an AED-backed payment token i.e., stablecoin, subject to the completion of regulatory and operational requirements. This marks an important step in RAKBANK’s digital assets journey and reflects the Bank’s commitment to developing regulated, secure and

Business Finance

UAE to launch dirham-backed stablecoin

News Desk 07/05/2025

In a landmark fintech move In a historic move set to transform the financial landscape in the UAE, IHC, ADQ, and First Abu Dhabi Bank (FAB) are set to launch a stablecoin fully backed by the UAE dirham. Pending regulatory approval, the new digital currency will be issued by FAB and fully overseen by the […]

NEWS DESK

World Liberty Financial Plans to Launch USD1, the Institutional-Ready Stablecoin

PR News Desk 25/03/2025

World Liberty Financial Inc. (“WLFI”), the developer of a pioneering DeFi protocol and governance platform inspired by President Donald J. Trump, today announced its plans to launch USD1, a stablecoin redeemable 1:1 for the US dollar (USD). WLFI’s USD1 will be 100% backed by short-term US government treasuries, US dollar deposits, and other cash equivalents. […]

NEWS DESK

AMINA Bank Supercharges Stablecoin Offering with Free USDC Custody

PR News Desk 16/01/2025

Amid the surge in stablecoin market capitalisation, leading crypto bank AMINA has removed custody fees for Stablecoin Rewards Account clients holding USDC in both hot and cold storage, with EURC set to be added soon. AMINA’s Stablecoin Rewards account offers both individuals and businesses fee-free custody alongside compelling benefits, including: This

NEWS DESK

AE Coin: UAE’s First-Ever Stablecoin Receives Final CBUAE License to Launch

PR News Desk 10/12/2024

December 10, 2024: AE Coin has secured the final Central Bank of the UAE (CBUAE) license to launch, marking a significant milestone in the evolution of digital finance. Developed under the CBUAE’s digital payment token services framework and aligned with the UAE government’s forward-looking vision, AE Coin is set to revolutionize the financial services landscape, […]

Blockchain & Cryptocurrency

UAE stablecoin usage up 55% YoY

News Desk 06/11/2024

As new regulations drive market momentum The UAE is witnessing a significant surge in the use of stablecoins as the value of stablecoins transacted in the first half of 2024 reached over $9.8 billion, a 55% increase from the $6.3 billion recorded during the same period in 2023. As a result, stablecoins now dominate the […]