CBUAE

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RAKBANK Secures In-Principle Approval to Launch AED Stablecoin
RAKBANK Secures In-Principle Approval to Launch AED Stablecoin
Crypto News3 months ago
Raymond Munene
By Raymond Munene1/7/2026
Highlights: RAKBANK has received approval from CBUAE to issue an AED-backed stablecoin. The stablecoin will have a 1:1 backing with AED in regulated accounts. UAE is expanding stablecoin usage beyond crypto firms to licensed banks. RAKBANK has announced that it […]