The system enables near-instant conversion between UAE dirham and US dollar stablecoins within the country’s regulated payment token regime.

SIX Group received FINMA approval to provide crypto custody through the same regulated infrastructure used for traditional securities settlement and post-trade services.

The crypto exchange said eligible US users can now access up to 10x leveraged spot crypto trading through a CFTC-registered entity.

The deal adds a Solana-based trading infrastructure platform that has processed more than $50 billion in volume and aggregates liquidity across multiple venues.

The partnership enabling conversion of digital assets into cash through MoneyGram’s global network follows a similar move by rival Western Union.