Sonic Labs has canceled plans to launch a US dollar-pegged algorithmic stablecoin, opting instead to develop a United Arab ...

Sonic Labs is ditching its algorithmic stablecoin in favor of a UAE dirham alternative, its co-founder, Andre Cronje, has ...

Sonic Labs has scrapped its initial plans to launch a US dollar-pegged algorithmic stablecoin, pivoting to a version tied to ...

What sets Sonic USD apart from other stablecoins is its unique algorithmic design that ensures its value remains stable over ...

Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.

The United Arab Emirates expects its digital dirham central bank digital currency to roll out in the fourth quarter of 2025.

Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.

The UAE has issued an ultra-rare AED100 coin with a limited-edition run of just 1,000 pieces. The Central Bank of the UAE, in collaboration with the Sultan Bin Ali Al Owais Cultural Foundation, issued ...