By Emir Abyazov Abu Dhabi’s biggest financial players are teaming up to launch a new dirham-backed stablecoin. Sovereign fund ADQ, the UAE’s largest bank, First Abu Dhabi Bank (FAB), and international conglomerate International Holding Company announced their plans on April 28, pending regulatory approval. According to a statement from the companies, the stablecoin will be regulated by […]
Tag: USDC
By ItalianCannon Ripple’s $5 billion bid to acquire Circle, a major stablecoin issuer, was reportedly turned down for being too low. Circle’s valuation is estimated between $4 billion and $6 billion, and the company is focused on its upcoming IPO. USDC, Circle’s stablecoin, has seen rapid growth in 2025, outpacing Tether’s USDT in percentage terms. […]
By Emir Abyazov Memecoin developer Official Melania Memecoin has realized more than $1.5 million worth of profits in the last three days. According to blockchain data, the Melania meme team sold $930,000 worth of tokens on April 28, and another $630,000 worth two days earlier. Cryptanalytics platform Lookonchain found that the pattern of sales pointed […]