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Ex-SoftBank Executive Unveils A UAE Stablecoin to Dodge Inflation


by Coingape
Ex-SoftBank Executive Unveils A UAE Stablecoin to Dodge Inflation

While most of the new payers in the stablecoin market have been focusing on USD-pegged stablecoins, former SoftBank executive Akshay Naheta undertakes a different approach by introducing a new stablecoin backed by the United Arab Emirates Dirham. The 42-year-old financial expert has established DTR in the international financial free zone of the emirate. He has

The post Ex-SoftBank Executive Unveils A UAE Stablecoin to Dodge Inflation appeared first on CoinGape.

Read the article at Coingape

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GENIUS Act Lacks ‘Robust Guardrails’ for Stablecoin Users, Fed’s Barr Warns

GENIUS Act Lacks ‘Robust Guardrails’ for Stablecoin Users, Fed’s Barr Warns

Federal Reserve Governor Michael Barr said the new GENIUS Act represents progress in ...
BlackRock Deepens Crypto Market Bet with New Stablecoin Reserve Fund

BlackRock Deepens Crypto Market Bet with New Stablecoin Reserve Fund

BlackRock will debut a GENIUS Act-compliant money market fund for stablecoin reserve ...

Ex-SoftBank Executive Unveils A UAE Stablecoin to Dodge Inflation


by Coingape
Ex-SoftBank Executive Unveils A UAE Stablecoin to Dodge Inflation

While most of the new payers in the stablecoin market have been focusing on USD-pegged stablecoins, former SoftBank executive Akshay Naheta undertakes a different approach by introducing a new stablecoin backed by the United Arab Emirates Dirham. The 42-year-old financial expert has established DTR in the international financial free zone of the emirate. He has

The post Ex-SoftBank Executive Unveils A UAE Stablecoin to Dodge Inflation appeared first on CoinGape.

Read the article at Coingape

Read More

GENIUS Act Lacks ‘Robust Guardrails’ for Stablecoin Users, Fed’s Barr Warns

GENIUS Act Lacks ‘Robust Guardrails’ for Stablecoin Users, Fed’s Barr Warns

Federal Reserve Governor Michael Barr said the new GENIUS Act represents progress in ...
BlackRock Deepens Crypto Market Bet with New Stablecoin Reserve Fund

BlackRock Deepens Crypto Market Bet with New Stablecoin Reserve Fund

BlackRock will debut a GENIUS Act-compliant money market fund for stablecoin reserve ...