04-25-2026, 11:18 PM
On the FX point, worth being precise. The 1 to 3 percent isnt the operator being greedy, its the conversion when they take your dirham-denominated deposit and book it in USD. If you deposit in USDT directly you skip that entirely, no AED layer, no conversion.
So the AED display is basically a feature for card users who get MCC blocked anyway. For us crypto people it changes nothing.
The sub-hour USDT time is the real news. If it holds, it puts them ahead of most of the offshore pack on cashout, and that is the only metric I trust offshore.
So the AED display is basically a feature for card users who get MCC blocked anyway. For us crypto people it changes nothing.
The sub-hour USDT time is the real news. If it holds, it puts them ahead of most of the offshore pack on cashout, and that is the only metric I trust offshore.

