Dubai government successfully tests crypto to fiat and AED stablecoin settlements

Dubai’s Department of Finance (DoF) has successfully tested the settlement of crypto payments to fiat AED currency or AED stablecoins for its governmental service fees. The testing was done in collaboration with the Dubai Land Department (DLD) through its Dubai Pay platform managed by Digital Dubai Authority and Emirates NBD Bank. The aim was to […] source: https://www.cryptopolitan.com/dubai-tests-crypto-to-aed-stablecoin/