Abu Dhabi Royals Back Major Stake in World Liberty Financial's Trust Bank

Abu Dhabi's royal family has taken a significant stake in World Liberty Financial's Trust Bank, according to a recent announcement. The move marks a major development for the financial institution, which has been making waves in the crypto space with its innovative offerings.

In related news, World Liberty Financial has integrated its USD1 stablecoin on Canton Network, a public blockchain designed for regulated institutional settlements. This integration aims to provide a seamless and secure experience for users of the stablecoin.

Meanwhile, Coinbase has received the necessary permits to establish a tokenization hub in Abu Dhabi, further solidifying the city's position as a major player in the crypto industry.