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Hong Kong stablecoin issuer IDA establishes strategic partnership with licensed Digital Bank Zand Bank in UAE.
Gold Finance reported that IDA, a stablecoin issuer in Hong Kong, announced a strategic partnership with Zand Bank, the first fully licensed and fully digital bank in the United Arab Emirates. The two parties aim to achieve cost-effective and efficient cross-border transactions in the Belt and Road Initiative and BRICS Plus regions, providing 24/7 digital payment services for enterprises.