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.

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

The UK government is fast-tracking its support for digital currencies with new rules that will rival the pro-crypto push from ...

The UK government plans to implement new cryptocurrency regulations by December 2024, focusing on stablecoin oversight and ...

USUAL is a decentralized Fiat Stablecoin issuer that will use the Ethereum Network ... Binance has claimed that the new ...

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

The UAE’s “forward-looking” stablecoin regulations help cement the country’s role as a global supporter of crypto frameworks and digital financial innovation. The update from Ripple ...

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 ...

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

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 ...