UAE Stablecoin Regulations: The Central Bank Framework
The UAE Central Bank approved landmark stablecoin licensing and supervision rules, linked to the digital Dirham. What it covers and where UAE stablecoin regulation stands in 2026.
Stablecoins, central bank digital currencies and the new rails of digital cash.
The UAE Central Bank approved landmark stablecoin licensing and supervision rules, linked to the digital Dirham. What it covers and where UAE stablecoin regulation stands in 2026.
Jack Jia, a former Consensys employee and the founder of Stable.com, has introduced USD3, a new stablecoin focused on payments, despite the current absence of a regulatory framework and market uncertainty. USD3 is designed as a 1:1 backed stablecoin and aims to serve as an extension of the U.S. dollar for global commerce and Web3. … Read more
On May 14, Tether, a leading stablecoin issuer, froze $5.2 million in USDT linked to phishing scams. These funds were held in 12 Ethereum wallets tagged as “USDT Banned Address.” SlowMist’s chief security officer indicated that these addresses were used to launder money from phishing scams, without providing further details. Tether, the world’s largest stablecoin … Read more
Slow Mist founder recently disclosed a concerning revelation about a new phishing scam exploiting the Telegram Open Network (TON) transfer mechanism to trick users into receiving apparently low-cost USDT tokens. The scam operates by disseminating deceptive messages on the TON blockchain, falsely suggesting the receipt of substantial amounts of USDT, such as “Received +5,000 USDT.” … Read more
The decentralized finance (DeFi) protocol Pike has clarified its previous statement regarding a vulnerability found in USDC Coin (USDC). The explanation follows the April 30 $1.6 million exploit on the platform. On May 1, Pike made a notice indicating that the attack was connected to a weakness on USDC and that USDC’s product offerings had … Read more
In April, stablecoins broke with the general market downturn and went on a seven-month run of gains. According to the CCData research, the industry grew by 4.76%, increasing its market capitalization to $158 billion. Stablecoins have gained $27.1 billion year-to-date (YTD). Stablecoin market domination increased to 6.30% from 5.43% in March as a result of … Read more
Because DUSD is almost solely utilized as a trading pair on Binance, it has grown to become the fourth-largest stablecoin by market capitalization. In spite of this, the stablecoin’s dearth of further use cases has kept it comparatively unknown. But that could soon change. The Hong Kong-based stablecoin issuer has big hopes for its stablecoin’s … Read more
This past weekend, on the CoinPoker website, celebrity poker player Antanas “Tony G” Guoga defeated an anonymous whale in a high-stakes 1000/2000 game to win a sum slightly over $300,000. The game was played as a part of the 41 tournaments that make up the Crypto Series of Poker (CSOP), which is offering $1 million … Read more
According to Reuters, PDVSA is attempting to increase the amount of USDT it uses as a hedge against having its foreign bank accounts seized. The biggest stablecoin based on the US dollar is called Tether. According to Reuters, PDVSA obfuscates the on-chain trace by exchanging cryptocurrency through middlemen. As a means of avoiding the dollar, … Read more
Since merging with the blockchain on April 19, Tether, the largest stablecoin issuer in the world, has quickly gained traction on The Open Network (TON), releasing $60 million worth of USDT. As a result, TON becomes the eleventh blockchain to host Tether, increasing its accessibility and providing consumers with more choices. Tether Gold (XAUT) was … Read more