A stablecoin launched by Donald Trump's World Liberty Financial crypto venture is being used by an Abu Dhabi investment firm for its $2 billion investment in crypto exchange Binance, one of World ...

Three major Abu Dhabi entities, including a sovereign wealth fund, plan to launch a stablecoin fully regulated by the central bank of the United Arab Emirates and backed by the dirham, a move that ...

A trio of major Abu Dhabi institutions, including the Emirate’s sovereign wealth fund, have teamed up to launch a new dirham-pegged stablecoin. Abu Dhabi’s sovereign wealth fund ADQ ...

Stablecoins are a type of digital currency backed by another form of currency, like the U.S. dollar or a commodity like gold.

USD1’s role in the Binance deal could give it a significant boost in the stablecoin market. A $2 billion investment deal between Abu Dhabi-based tech investor MGX and Binance is grabbing ...

and the UAE's biggest lender by assets First Abu Dhabi Bank (FAB) (FAB.AD), opens new tab are planning to launch a new stablecoin backed by dirhams, they said on Monday, as the Gulf country ...

Eric Trump announced during a fireside chat that the USD1 stablecoin will be used to settle the $2 billion investment from Abu Dhabi’s MGX firm into Binance. USD1 is a stablecoin newly ...

Investing.com -- Abu Dhabi’s sovereign wealth fund ADQ, conglomerate IHC, and First Abu ... (UAE) by assets, announced on Monday their plans to launch a new stablecoin backed by the UAE ...

World Liberty Financial unveiled USD1 stablecoin in March To be used for $2 bln MGX investment in Binance, WLF co-founder says Use highlights World Liberty's growing clout in crypto industry May 1 ...