UAE’s dirham stablecoin race widens as RAKBank nets in-principle approval
<img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjYtMDEvMDE5Yjk3ODQtMDEwOS03MGU4LThmYWQtNTM2ZThjNGFkMzJjLmpwZw==.jpg">RAKBank's in-principle nod from the Central Bank of the UAE to launch a dirham-backed stablecoin adds a homegrown bank to the UAE’s stablecoin race.
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