Entertainment - Dubai Global Village Season 31 Opens on October 14 with Drone S… Weather - Hail Hits Sharjah as Lightning and Runoff Captured on Video; Mo… Update - Dubai Has Nearly Dh2.1 Trillion in Active Projects Underway, Sa…

Send an Inquiry

Fill in the details below and our team will get back to you.

Business 1 min read 44 views

BurjX Expands Stablecoin Infrastructure Under ADGM Regulation

Multi-Chain Connectivity and AED Banking Integration Strengthen UAE’s Digital Asset Ecosystem

BurjX has announced a major expansion of its stablecoin infrastructure, enhancing multi-chain capabilities under the regulatory framework of Abu Dhabi Global Market (ADGM).

Licensed by the Financial Services Regulatory Authority (FSRA), BurjX is strengthening its platform to enable seamless stablecoin settlement across multiple blockchain networks, integrated with UAE banking rails.

Rising Role of Stablecoins in Global Finance

Stablecoins have become a cornerstone of digital asset markets, processing more than $33 trillion in transaction volume in 2025, with total market capitalisation exceeding $300 billion. Their rapid growth reflects increasing adoption in cross-border payments, trading, and treasury operations.

The United Arab Emirates continues to position itself as a leading hub for regulated digital asset activity, supported by strong regulatory oversight and advanced financial infrastructure.

Expanded Multi-Chain Stablecoin Support

As part of the upgrade, BurjX now supports stablecoin transactions across key blockchain networks, offering greater flexibility in speed, cost, and liquidity management:

  • Tether (USDT) on Tron (TRC20)
  • Tether (USDT) on BNB Smart Chain (BEP20)
  • USD Coin on Solana
  • USD Coin on Stellar

These additions complement existing support on Ethereum (ERC-20), creating a comprehensive multi-chain ecosystem for digital asset transactions.

Secure Custody Powered by Institutional Technology

BurjX’s infrastructure integrates with Fireblocks, leveraging advanced multi-party computation (MPC) wallet technology to ensure secure, compliant, and scalable asset custody.

This setup eliminates single points of failure while enabling high-volume, secure transfers across blockchain networks.

Bridging Blockchain and Traditional Finance

The platform also offers seamless AED on- and off-ramps through Zand Bank, allowing clients to move funds efficiently between the traditional banking system and digital asset markets.

Omar Abbas, CEO of BurjX, said the expansion reflects the growing importance of stablecoins as foundational infrastructure in digital finance, enabling real-time capital movement across ecosystems while maintaining regulatory compliance.

Serving a Broad Market Base

The enhanced infrastructure supports a diverse client base, including:

  • Retail investors
  • Institutional clients
  • Over-the-counter (OTC) market participants

By combining multi-chain access, regulated custody, and banking integration, BurjX is positioning itself as a key enabler of next-generation digital asset trading and settlement within the UAE and beyond.

BurjX stablecoin expansionUAE crypto regulation ADGMmulti chain stablecoins UAEdigital asset custody UAEAbu Dhabi fintech news

Related News

More on Business

View all

Comments (0)

Join the conversation

No comments yet. Be the first to share your thoughts!

More News

See all
Environment

Majra Hosts Impact Investment Lab at Investopia Bridge 2026 to Mobilise Sustainable Capital

Majra – National CSR Fund has convened an Impact Investment Lab at the fifth edition of Investopia Bridge 2026, bringing together key stakeholders to identify practical ways to channel capital towards investments delivering measurable economic, social and environmental impact in the UAE. The...

Oct 14, 2026 · 2 min
Real Estate

Kasumigaseki Properties Development Brings Japanese Real Estate Philosophy to UAE

Tokyo-listed Kasumigaseki Capital Co., Ltd. is expanding its presence in the United Arab Emirates from real estate investment into property development through its development arm, Kasumigaseki Properties Development, introducing a Japanese approach centred on quality, peace of mind and...

Oct 14, 2026 · 3 min
Real Estate

BI Group Signs MOU with CITIC for Three Dubai Developments in Meydan Horizon

BI Group has signed a Memorandum of Understanding (MOU) with CITIC Middle East Contracting LLC, the UAE subsidiary of China’s CITIC Construction Co., Ltd., to collaborate on three upcoming real estate developments in Dubai’s Meydan Horizon district. The agreement establishes a...

Oct 14, 2026 · 2 min
Real Estate

Saudi Real Estate Refinance Company Launches First Credit-Rated RMBS Issuance

The Saudi Real Estate Refinance Company (SRC), a Public Investment Fund (PIF) company, has launched its second residential mortgage-backed securities (RMBS) issuance, becoming the first domestic issuance of its kind in Saudi Arabia to receive published credit ratings from Moody’s Ratings and...

Oct 14, 2026 · 3 min

Our Associates


Add Business Card Add Event Add Directory Add Forum