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Mastercard Finds 14% of UAE SMEs Accept Cryptocurrency Payments

AI Summary

Small and medium-sized enterprises (SMEs) in the UAE are among the world’s most active users of digital assets for business payments. Mastercard ’s new Dreamonomics report, which surveyed 18 markets around the world, found that 1 in 7 UAE SMEs (14%) accept cryptocurrency as payment, while 10% are already paying business expenses in stablecoins. Interest in AI-powered fraud and security protection is also high.

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