Tag: blockchain-based

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UAE Takes the Lead in the Middle East’s Digital Currency Race

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The post UAE Takes the Lead in the Middle East’s Digital Currency Race appeared com. Fintech What began as a concept on paper has now moved into reality. The United Arab Emirates has executed its first live transaction using a central bank digital currency, setting in motion one of the most ambitious financial technology overhauls in the Middle East. Key Takeaways The UAE has completed its first live Digital Dirham transfer through the mBridge blockchain system. The trial confirms operational readiness ahead of a phased rollout beginning in 2025. The initiative places the UAE at the forefront of the global CBDC race, linking Gulf and Asian payment systems. The project’s early focus is on government and interbank payments, not consumer use. This inaugural transfer, carried out between federal and local institutions, was less about the amount exchanged and more about what it represents: the UAE’s intent to anchor its financial future in programmable, instant, blockchain-based money. A Symbolic Two-Minute Test The transaction, completed in under two minutes, was processed through the government’s blockchain settlement network known as mBridge a platform co-developed with China, Hong Kong, and Thailand. To outsiders, it may seem like a technical demonstration, but within the region’s financial circles, it marks a clear signal: the UAE is building the plumbing for a digital economy that operates around the clock, without the friction of traditional settlement systems. Ahmed Ali Meftah, head of Dubai’s central accounts division, said the trial was meant to test the system’s readiness rather than its reach. The speed and security of the transfer, he noted, “prove that our infrastructure is ready to scale.” Reimagining Money for the Gulf The UAE’s Digital Dirham has been years in the making a national initiative designed to modernize payments and support a cashless economy. But unlike private stablecoins or fintech payment systems, this new digital currency is being issued directly by.

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Pakistan is considering the introduction of a stablecoin backed by the rupee

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The post Pakistan is considering the introduction of a stablecoin backed by the rupee appeared com. Pakistan is weighing on launching a stablecoin backed by the rupee. This move occurs as experts warn that delaying the regulation of digital assets could result in the country missing out on up to $25 billion in economic opportunities. Following this announcement, a report pointed out the possibility of the country accessing a growth of about $20 to $25 billion related to cryptocurrency. Speaking at the Sustainable Development Policy Institute (SDPI) Conference, Pakistan Banks Association (PBA) President Zafar Masud said: “If we delay regulation, we risk losing billions in potential investment and innovation,” Masud said, noting that Pakistan’s young population and growing digital economy present a “massive opportunity” for blockchain-based solutions. If successful, Pakistan could position itself as a regional leader in fintech and digital payments. Masud acknowledges the rapidly expanding global market for stablecoins When asked by reporters why the country had shifted its interest towards the stablecoin market, Masud acknowledged the rapidly expanding global market for stablecoins. Based on his argument, Pakistan is carefully evaluating the creation of a stablecoin backed by the rupee. Masud also noted that a Central Bank Digital Currency (CBDC) is important as it could enhance access to financial services and reduce remittance costs. Regarding his statement, Faisal Mazhar, Deputy Director of Payments at the State Bank of Pakistan, commented on the topic of discussion. Mazhar mentioned they have already begun developing a CBDC prototype with assistance from the International Monetary Fund (IMF) and the World Bank. Moreover, the deputy director revealed plans to conduct a pilot phase before fully launching the prototype. In the meantime, it is worth noting that Pakistan’s project to develop its stablecoin comes shortly after a fintech startup, ZAR, announced its plan to offer dollar-backed stablecoins to.

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9 Best New Cryptos for Big ROI in 2025

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The post 9 Best New Cryptos for Big ROI in 2025 appeared com. Crypto Presales Explore November’s hottest crypto picks. BullZilla leads the charge among the 6 best new cryptos for big ROI in 2025, with MoonBull and La Culex set for massive gains. What if November isn’t just about shopping deals, but the beginning of crypto’s long-awaited bull run? With Bitcoin ETFs seeing record inflows and Ethereum’s latest upgrades breathing new life into DeFi, optimism is spreading fast. Regulators across major economies are softening their stance, signaling a friendlier environment for digital assets. The market feels alive again, with traders treating every dip like a doorbuster opportunity, loading up on their favorite tokens before what many believe could be a massive 2025 breakout. BullZilla Presale at a Glance Current Stage: 9th (Bullish By Nature) Phase: 3 Current Price: $0. 00023239 Presale Tally: Over $1M Token Holders: Over 3500 Tokens Sold: Over 31 Billion Current ROI: (2, 168. 34% ) from Stage 9C to the Listing Price of $0. 00527 Earliest Joiners Enjoy: 3, 941. 56% Gain Until Stage 9C $1000 Investment = 4. 303 Million ZIL Tokens Upcoming Price Surge = 2. 87% increase in 9D to $0. 00023906 Time’s Running Out: Grab BullZilla at $0. 00023239 Before It Jumps 2, 168% In this rush of optimism, nine projects have taken center stage: BullZilla, Hyperliquid, MoonBull, La Culex, Apeing, Toncoin, Hedera, Avalanche and Stellar. Yet BullZilla (ZIL) is the one making headlines, roaring past $1 million raised and forecasting a 2, 168% ROI before listing. Its fusion of meme power, staking rewards, and deflationary tokenomics makes it the clear leader among the Top Meme Coin Presales for Instant Gains. For those ready to shop smart this season, BullZilla might just be the best buy before the next crypto rally begins. Don’t miss the presale wave BullZilla is roaring ahead as 2025’s breakout meme-meets-utility project. 1. Stellar (XLM): Banking Expansion Reinforces Utility.

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$FIGHT Token Presale Surpasses $183M

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The post IGHT Token Presale Surpasses $183M appeared com. Key highlights: Demand for IGHT token soared to $183 million, more than 12, 000% above its $1. 5 million target during presale. Over 500, 000 users signed up through Fight. ID, which is partnered with UFC and powers web3 engagement in combat sports. The token’s next steps include its Solana launch and roll-out of products like FightHub, Prize Fight, and Fight Gear. Web3 meets combat sports as IGHT sees record-breaking presale demand The second phase of the IGHT token presale on Holoworld wrapped up with demand reaching an eye-popping $183 million-over 120 times its original $1. 5 million target. Backed by the Fight Foundation and developed in collaboration with FightFi, IGHT is shaping up to be a central player in merging blockchain technology with global combat sports fandom. ID, a platform tied to UFC events that offers digital identity, community perks, and in-app rewards. Through Fight. ID, fans earn Fighting Points (FP) and access a broader web3 infrastructure intended to connect viewers, fighters, and brands around the world. The movement begins. The future of fandom. UFC meets Web3. Get early access now at [ B2YB: @JoinFightID ] pic. twitter. com/gscTwZ1Rpa UFC (@ufc) October 29, 2025 Following an earlier presale phase on Binance Smart Chain (BSC), which drew over $15 million in interest, the latest round on Solana not only met expectations but radically outperformed them. According to Holoworld, previous participants on BSC had already received their refunds prior to the Solana-based sale launching. At the core of FIGHT’s offering is the ability to turn real-world bouts into blockchain-based events. This model lets fans engage weekly, earning and spending tokens on merchandise, rewards, and interactive features tailored to each athlete’s journey. Projects in the pipeline include: Fighthub: a loyalty and engagement platform Fight. ID: a universal digital identity.
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