Liminal Custody reveals stablecoins have grown by 80 percent in MENA

Liminal Custody, a digital asset custody tech and wallet infrastructure, during its second edition of its exclusive Global Access for Institutional Networks (G.A.I.N.) event at the Capital Club Dubai noted that stablecoin payments in the MENA region have grown by more than 80 percent year on year.

The event, titled “Banking on Stablecoins: How to Build a Competitive Advantage,” brought together regulators, banking leaders, and corporate finance executives to discuss the transformative role of stablecoins in the region’s financial ecosystem. The second edition highlighted new insights into how stablecoins are redefining cross-border payments, liquidity management, and treasury efficiency for institutions.

Ilinca Cartoflea, Head of Sales, EMEA at Liminal Custody and co-host of the event, highlighted the rapid adoption of digital assets in the region stating, “Stablecoin payments in the region have grown by more than 80 percent year on year. With the recent approval of the first regulated multi chain AED backed stablecoin on public blockchains, local institutions now have a practical way to move money faster and with stronger control.

Says Manan Vora, General Manager and Executive Director Middle East at Liminal Custody, noted, that the UAE continues to stand out as a global fort runner in regulated digital asset innovation. He stated, ” At Liminal, we are committed to providing the secure infrastructure that allows these institutions to capture the competitive advantage stablecoins offer.”

Liminal has offices in Dubai and is licensed within the ADGM FSRA framework. The UAE Central Bank came out with its