BurjX, a UAE-based digital asset brokerage and custodian licensed by the Financial Services Regulatory Authority (FSRA) of ADGM, has expanded its services to support broader stablecoin usage across multiple blockchain networks within its regulated framework. Stablecoins have become a significant part of global digital asset markets, processing more than US$33 trillion in transaction volume in 2025, with total market capitalisation exceeding US$300 billion. Their use has expanded across payments, trading, and treasury functions, including in the UAE, where regulated digital asset activity continues to grow.
The latest expansion enables BurjX clients to transfer stablecoins across several blockchain networks. This includes USDT on Tron (TRC20), USDT on BNB Smart Chain (BEP20), USDC on Solana, and USDC on Stellar. These additions sit alongside the firm’s existing Ethereum (ERC-20) support.
The integration allows users to choose networks based on transaction speed, cost, and liquidity conditions. BurjX said the development forms part of its effort to connect multiple blockchain networks with regulated financial infrastructure in the UAE, supporting transfers within a compliance framework aligned with FSRA requirements. The firm also said its infrastructure is built to support trading and settlement at scale.
It uses Fireblocks for digital asset custody, including its multi-party computation (MPC) technology designed to reduce single points of failure and secure asset transfers across supported networks. Omar Abbas “Stablecoins have become the backbone of digital asset settlement,” said Omar Abbas, Co-Founder and CEO of BurjX. “By expanding support across these networks, BurjX is building the infrastructure that allows capital to move seamlessly across blockchain ecosystems while remaining fully aligned with the regulatory framework established by the FSRA.” BurjX also supports retail, institutional, and OTC market participants.
It offers AED on- and off-ramps through Zand Bank, custody services via Fireblocks, and access to global liquidity providers, enabling transactions between the UAE banking system and digital asset markets through its regulated platform. Featured image credit: BurjX press release