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Hong Kong stablecoin issuer IDA and UAE licensed digital bank Zand Bank establish strategic partnership

Hong Kong stablecoin issuer IDA and UAE licensed digital bank Zand Bank establish strategic partnership

Cointime2024/11/01 04:33
By: Cointime

Hong Kong stablecoin issuer IDA announced a strategic partnership with Zand Bank, the UAE’s first fully licensed and fully digital bank. The two parties aim to enable cost-effective and efficient cross-border transactions in the Belt and Road and BRICS Plus regions, providing businesses with 24/7 digital payment services.

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