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Uae’s dirham stablecoin race widens as rakbank nets in principle approval

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

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

RAKBank’s in-principle nod from the Central Bank of the UAE to launch a dirham-backed stablecoin adds a homegrown bank to the UAE’s stablecoin race.

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January 7, 2026
In CoinTelegraph