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Dubai did not specify which cryptocurrencies will be accepted for public services but indicated that payments will be made using “stable cryptocurrencies,” implying potential use of stablecoins
Major Dubai institutions, including Dubai sovereign wealth fund, announced plans to issue dirham-pegged stablecoins on April 28, 2025
Dubai plans to accept crypto payments for its public services using Crypto.com digital wallets in 2026
Dubai signed a memorandum of understanding with crypto exchange Crypto.com on May 12, 2025 to enable cryptocurrency payments for public services becoming the first government globally to do so
Dubai will convert cryptocurrency payments received for government services into dirhams before transferring the funds to the accounts of the Dubai Department of Finance

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