Stablecoins moved $33 trillion globally last year, and the UAE sits at the center of that growth. In this episode of Wall Street to MENA, Raghda Ibraheem sits down with John Hallahan, Head of Business Solutions & Advisory at Fireblocks, to unpack the UAE Stablecoin Payments Playbook, published jointly by MFTA and Fireblocks as a practical roadmap for banks and payment companies moving from proof of concept to full production.
John breaks down what’s actually holding institutions back (hint: it’s rarely the technology), why cross-border B2B settlement is the clear frontrunner use case, how five regulators can mean more clarity rather than more complexity, and what the next 12 months look like for dirham stablecoins, USD rails, and new trade corridors into Africa and Southeast Asia.