Zand becomes second UAE digital bank to issue regulated dirham-backed stablecoin
UAE Zand Bank, an AI-enabled digital bank, that has been the go-to bank for many UAE-regulated VASPs, has now stepped into the AED stablecoin arena with the launch of UAE Central Bank-regulated, public multi-blockchain AED-backed stablecoin. Zand now becomes the second digital bank to launch a regulated stablecoin, after the first regulated AED stablecoin, AE [...]
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