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UAE to launch regulated Dirham-backed stablecoin to boost blockchain payments
IHC, ADQ, and First Abu Dhabi Bank have announced plans to launch a new stablecoin backed by Dirhams. The stablecoin will be fully regulated by the Central Bank of the United Arab Emirates and issued by the UAE’s largest bank, FAB (subject to regulatory approval). The new stablecoin aims to…
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Click here to read the full story: Gulf News