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Search event

Will RAKBANK launch a regulated dirham-backed stablecoin in 2026?

75%
25%

The RAKBANK has received in-principle approval from the Central Bank of the UAE to issue a regulated stablecoin backed 1:1 by the UAE dirham. The project aligns with the United Arab Emirates’s strategy to build a transparent, regulated digital economy and would combine traditional banking safeguards with blockchain programmability, real-time reserve verification, and segregated accounts.

Cryptocurrency

Conditions

Resolves “Yes” if by May 31, 2026, RAKBANK officially launches its dirham-backed stablecoin for customers or institutional use, with confirmation from the bank, the CBUAE, or major financial media. Otherwise — No.

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