New UAE stablecoin initiative to empower businesses with blockchain for seamless transactions

Retrieved on: 2025-04-29 17:49:04

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Cryptocurrencies

Decentralization

Stablecoins

Blockchains

Decentralized finance

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New UAE stablecoin initiative to empower businesses with blockchain for seamless transactions. View article details on hiswai:

Summary

The article discusses a new UAE Dirham-backed stablecoin by IHC, ADQ, and First Abu Dhabi Bank, highlighting its regulatory approval, blockchain basis, and impact on payments, fintech, and global transactions, while aligning with the UAE's digital currency goals.

Article found on: economymiddleeast.com

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