Three major Abu Dhabi entities, including a sovereign wealth fund, plan to launch a stablecoin fully regulated by the central ...

Abu Dhabi sovereign wealth fund ADQ, conglomerate IHC , and the UAE's biggest lender by assets First Abu Dhabi Bank (FAB) are ...

The stablecoin, named “Image", is intended for use across a wide range of applications, from individual consumer payments to ...

The project, which is awaiting regulatory approval from the UAE Central Bank, includes three large Emirati entities as ...

A trio of major Abu Dhabi institutions, including the Emirate’s sovereign wealth fund, have teamed up to launch a new ...

Dirham-based stablecoin from UAE aims to lead in digital finance, streamlining payments and supporting innovation across ...

Circle, the issuer of the second-largest stablecoin, USDC, said it received in-principal regulatory approval from Abu Dhabi, paving the way for an expansion across the Middle East. The Financial ...

Three major institutions in the United Arab Emirates have announced plans to launch a new dirham-backed stablecoin, fully ...

Ripple reportedly offered $4-$5 billion to buy Circle but the the stablecoin issuer rejected the offer as too low.

Abu Dhabi’s top institutions join forces to launch a Dirham-backed stablecoin under UAE Central Bank regulation, boosting ...

USDC stablecoin issuer Circle has received in-principle approval (IPA) from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM), the company announced on April 29.

The stablecoin issuer received in-principle approval from ADGM's Financial Services Regulatory Authority to operate as a ...