UAE-regulated stablecoins to develop AED-USD conversion rails for institutional settlement
The system enables near-instant conversion between UAE dirham and US dollar stablecoins within the country’s regulated payment token regime.
The system enables near-instant conversion between UAE dirham and US dollar stablecoins within the country’s regulated payment token regime.
Original source
Read on CointelegraphRelated market context
Ripple chases AI’s machine economy as XRPL stablecoins near $1 billion
Stablecoin liquidity on the XRP Ledger (XRPL) has nearly doubled over the past month, putting the network within reach of a $1 bil...
Canton Network Developer Digital Asset Raises $355 Million Led by a16z Crypto to Bring Wall Street Onchain
Digital Asset, the developer of the Canton Network, raised $355 million in a funding round led by a16z crypto, the company announc...
Ripple and Bitso Unleash MXNB on XRPL to Transform a $65B U.S.-Mexico Payments Corridor
Key Takeaways: Ripple is strengthening its collaboration with Bitso by launching the first regulated stablecoin on the XRP Ledger,...
Metaplanet Acquires Siiibo Securities in Push to Build Bitcoin Financial Ecosystem
Bitcoin Magazine Metaplanet Acquires Siiibo Securities in Push to Build Bitcoin Financial Ecosystem Metaplanet Inc., Japan’s large...
Crypto exchanges are opening a two-front war for the stock market
Binance, Kraken, Bybit, and Gemini are moving to add US stocks and ETFs to their crypto trading apps, making a direct play for the...
Ripple and Bitso Expand Stablecoin Settlement on XRP Ledger
Ripple and Bitso are expanding stablecoin settlement on the XRP Ledger, bringing MXNB and RLUSD into Ripple’s enterprise payments...