Following its IPO, stablecoin issuer Circle is in early talks with local remittance providers to leverage USDC. The goal: streamline cross-border payments, potentially cutting costs by 30–100× in the $44 billion UAE remittance market Source: agbi.com
Circle Explores USDC Remittances in UAE’s $44 B Corridor Read More »
Abu Dhabi Global Market (ADGM) is on track for rapid growth, with a 32% rise in registered firms and 245% increase in assets under management over the past year. Major players like BlackRock, Morgan Stanley, Coinbase, and Circle have established a strong presence Source: reuters.com
ADGM Prepares for Continued Boom in Financial Services Read More »
Crypto sentiment is resurfacing bullish, with Bitcoin approaching $112,000 on positive outlooks and regulatory momentum. However, XRP dropped sharply amid geopolitical jitters following the Israel-Iran conflict Source: fxleaders.com
Bitcoin Nears $112K; XRP Sees Both Rally and Dip Read More »
Brent crude jumped over 7%, reaching around $75/barrel after the Israeli strike on Iran. The surge, the highest in months, reflects concerns over possible supply disruptions in the region Source: agbi.com
Oil Prices Surge 7–9% on Middle East Escalation Read More »
Middle Eastern markets fell sharply after Israel struck Iran, triggering fears of a wider regional conflict. Saudi Arabia’s TASI dropped ~1.5% and Dubai’s main index declined nearly 2.3%, while Abu Dhabi edged up about 1.1%. The shifts reflect investor anxiety amid geopolitical uncertainty Source: reuters.com
Global Markets React to Israel‑Iran Clash; Gulf Stocks Retreat Read More »