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Senate Is Poised to Pass Stablecoin Bill
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A stablecoin launched by Donald Trump's World Liberty Financial crypto venture is being used by an Abu Dhabi investment firm for its $2 billion investment in crypto exchange Binance, one of ...
Three major Abu Dhabi entities, including a sovereign wealth fund, plan to launch a stablecoin fully regulated by the central bank of the United Arab Emirates and backed by the dirham, a move ...
Stablecoins are a type of digital currency backed by another form of currency, like the U.S. dollar or a commodity like gold.
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Abu Dhabi institutional giants team up for dirham stablecoinA trio of major Abu Dhabi institutions, including the Emirate’s sovereign wealth fund, have teamed up to launch a new dirham-pegged stablecoin. Abu Dhabi’s sovereign wealth fund ADQ ...
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UAE SaturnX stablecoin infrastructure provider raises $3 millionSaturnX, the infrastructure provider for stablecoin-based cross-border payments with headquarters in Dubai, UAE, has closed a $3 million seed round.
Donald Trump Jr. framed stablecoins as a tool for reinforcing U.S. dollar dominance, calling them “the savior of dollar hegemony, not a detractor of it.” ...
Arabian Post on MSN10h
Vietnam Champions UAE-Backed Blockchain for National FinanceVietnam’s Techsmart Telecom, the Institute of Information Technology and CyberSecurity, UAE’s Venom Foundation and Abu Dhabi’s GS Fund have signed a memorandum of understanding to advance a sovereign ...
and the UAE's biggest lender by assets First Abu Dhabi Bank (FAB) (FAB.AD), opens new tab are planning to launch a new stablecoin backed by dirhams, they said on Monday, as the Gulf country ...
Cardano co-founder Charles Hoskinson has proposed converting $100 million worth of (CRYPTO: ADA) from the protocol's treasury ...
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