Meanwhile, Nigeria has the highest stablecoin usage rate among the five countries surveyed, with most of the respondents in the country saying they use stablecoins to save in US dollars.

In the post, the blockhain firm Ripple acknowledged that the UAE has set a favorable landscape for stablecoin growth.

Stablecoins are a crucial improvement on the dollar simply because they’re easier for the people in corrupt or unstable ...

Stablecoin issuance and use is rising around the world, with the market projected to reach $3 trillion within the next five ...

Brazil’s stablecoin market is experiencing explosive ... that stablecoins are likely to play a pivotal role in the country’s ...

Paxos is expanding its stablecoin offerings with the launch of USDG designed to redefine standards in the competitive ...

Ripple plans to launch a Dirham-backed stablecoin for the UAE, aiming to boost digital payments and financial innovation in ...

2024 is proving to be a landmark year for stablecoins in the UAE. Through the first half of the year, the value of ...

Coinbase, the country's largest crypto exchange, defines a stablecoin as a digital currency pegged to a “stable” reserve asset such as the U.S. dollar or gold – a cryptocurrency without the ...

It reduces the concerns of possible restrictions against crypto payment in the country, which stem from the CBUAE’s new licensing framework. CBUAE Approval of AED Stablecoin Eases Crypto Payment ...

Through the first half of the year, the value of stablecoins received by services (particularly CEX and DEX) in the country ...

setting a new standard in the country's financial services industry. Toward Revolutionizing Thailand's Financial Development SCB's stablecoin project completed the Bank of Thailand's (BOT ...