IHC, a global investment company focused on building dynamic value networks, on Thursday announced the execution of an AED110 million (approximately $30 million) transaction using DDSC on ADI Chain, the institutional Layer-2 blockchain developed by ADI Foundation.
Wego, an online travel marketplace in MENA, has partnered with Triple-A, a global payment institution, to introduce stablecoin payments for travel bookings, further expanding the range of payment options available to travellers booking flights and other travel services.
The UAE has taken a decisive step into regulated digital currency infrastructure after the Central Bank of the UAE (CBUAE) approved the launch of the dirham-backed stablecoin, DDSC, paving the way for institutional-grade blockchain-based payments in the country.
Beyon Money, part of the Beyon Group, has announced the successful go-live of its partnership with SwiftX, a global money transfer operator (MTO).
Deus X Pay, a licensed provider of stablecoin transaction solutions, announced a strategic partnership with Titan Aviation, a full-service aircraft management company, providing global aviation services headquartered in Dubai.
