Sonic Labs scraps its algorithmic stablecoin and pivots to a dirham-based alternative, aligning with UAE’s digital currency rollout in late 2025. Sonic Labs has canceled plans to launch a US ...
United Arab Emirates’ telecom giant e& is reportedly preparing to test whether regulated stablecoins can support mainstream consumer payments, having signed a memorandum of understanding (MoU) with Al ...
Sonic Labs has scrapped its initial plans to launch a US dollar-pegged algorithmic stablecoin, pivoting instead to develop a version tied to the United Arab Emirates dirham. Just a week after ...
Overview: The UAE assigns crypto oversight to specialised regulators, removing uncertainty for businesses and investors.With AE Coin and payment-grade rules, bl ...
Tether, the developer of the world's largest stablecoin, said it plans to introduce a token pegged to the United Arab Emirates' dirham in collaboration with Abu Dhabi-listed crypto conglomerate ...
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