Official Zand, An AI And Blockchain-powered Digital Bank In UAE, Set To Push Billions Via Solana

Official Zand, a digital bank in UAE, received regulatory approval to issue the country's first regulated AED-backed stablecoin on public blockchains, targeting 1B+ AED in circulation. The bank utilizes AI and blockchain technology, and will operate using Solana. This development is expected to push billions via Solana.