BurjX Announces Better Stablecoin Support In UAE

BurjX expands its digital asset platform to enable better support for accepting and settling stablecoins across networks.

1 Min Read
Disclosure: This is intended for informational purposes only and does not in any way constitute or solicit financial, professional, or legal advice. Readers should conduct their own due diligence at all times.
UAE digital asset platforms like BurjX are increasing the number of networks that support popular stablecoins (Karthik B K Unsplash)

BurjX announces new stablecoin integrations.

The digital asset platform based in the UAE has announced improved provisions for international stablecoin transfers.

This applies to USDT and USDC stablecoins across newly added blockchain networks for clients, including Tron and BNB for the former, as well as Solana and Stellar for the latter.

Co-Founder and CEO Omar Abbas expressed:

The brokerage and custodian is licensed under the ADGM (Abu Dhabi Global Market) FSRA (Financial Services Regulatory Authority). Over time, it expects local stablecoins such as AED (United Arab Emirates Dirham) to proliferate and gain national adoption.

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