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RAKBank

UAE’s dirham stablecoin race widens as RAKBank nets in-principle approval

January 7, 2026 by jad
UAE’s dirham stablecoin race widens as RAKBank nets in-principle approval

RAKBank becomes the first homegrown bank to receive in-principle approval to launch a dirham-backed stablecoin, widening the UAE’s stablecoin race.

Categories Stablecoins Tags 4th generation cryptocurrency, AI Art, AI blockchain, Central Bank of the UAE, custom stablecoins, Dirham, RAKBank, UAE
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