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BUSINESS

BUSINESS latest

Visa Accelerates Stablecoin Momentum: Adding Five Blockchains for Settlement
April 30th, 2026 - 05:50 GMT

Visa Accelerates Stablecoin Momentum: Adding Five Blockchains for Settlement

Today, Visa (NYSE: V) announced that it is adding five blockchains to its global stablecoin settlement pilot, expanding how issuers and acquirers can settle with the network. As stablecoins move into mainstream payment flows, Visa’s stablecoin settlement pilot now supports nine blockchains and has reached a $7 billion annualized stablecoin settlement run rate, up 50% since last quarter. “Our partners are building in a multi-chain world, and they expect their options to reflect that reality,” said Rubail Birwadker, Global Head of Growth Products and Strategic Partnerships, Visa. “Expanding our stablecoin ...
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Al Bawaba
July 25th, 2012 - 09:02 GMT

University of Dubai cultural exchange students return from Thailand

Al Bawaba
July 25th, 2012 - 08:11 GMT

LG launches one-of-a-kind In-Home Maintenance service to improve customer experience

Abu Dhabi Islamic Bank
July 25th, 2012 - 08:00 GMT

ADIB is first UAE bank to launch Iraq operations

Al Bawaba
July 25th, 2012 - 06:31 GMT

National Bank of Fujairah PSC’s operating profit for the first half of 2012 grew 16.7%

Anand Choudha, Managing Director, Spectrami
July 25th, 2012 - 06:19 GMT

Spectrami offers cash rewards for channel partners in the Middle East region

Cluttons
July 25th, 2012 - 05:29 GMT

Cluttons in Bahrain launches new power saving initiative within its commercial portfolio

Al Bawaba
July 25th, 2012 - 05:18 GMT

Emirates NBD celebrates the spirit of the Holy Month with photography exhibition titled “Supplications”

Suzuki Dzire 2013
July 25th, 2012 - 05:13 GMT

Suzuki Swift Dzire sedan 2013 to satisfy Saudi market’s growing demand

Omar al Bashir(R) and Salva Kiir
July 24th, 2012 - 03:30 GMT

Sudan's oil debate: North reject's South's last-ditch bid

According to experts, competition will be tough since the new mortgage law ensures the fairness of the transaction and the safety of the financial system
July 24th, 2012 - 12:20 GMT

New Saudi mortgage law attracts foreign investment

Palestinian Authority President Mahmoud Abbas (L) shakes hands with Israeli Prime Minister Benjamin Netanyahu.
July 24th, 2012 - 12:13 GMT

Ramadan surprise: Israel releases funds to Palestinians

Fast growth is bringing even faster change to the luxury sector
July 24th, 2012 - 12:01 GMT

ME's deluxe market upsurges 15% for 2012

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