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 ...

Donald Trump’s family has quietly reduced its stake in World Liberty Financial, the crypto venture closely tied to his business and political interests, trimming its holding from 60 per cent to 40 per ...

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 ...

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 ...

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 ...