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

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

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

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 ...

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

Circle has secured in-principle approval to operate as a money services provider in Abu Dhabi, marking a key step in its Middle East expansion.

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

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

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 money services provider.