Zand expands USDC support for UAE cross-border payments
USDC (USDC)
Cryptobriefing.com reports that Zand, a UAE digital bank, has expanded its stablecoin infrastructure to include Circle’s USDC. This initiative allows eligible businesses to utilize both the Zand Dirham stablecoin and USDC for payments, settlement, and treasury operations. The move aims to connect the regulated Dirham-backed token with a widely used dollar stablecoin to facilitate cross-border financial activity. Zand’s Dirham stablecoin is already fully backed by reserves and operates across multiple public blockchains. By enabling interoperability between these regulated assets, the bank seeks to create a seamless channel for moving value between UAE and global digital ecosystems. This development supports the UAE’s Digital Economy Strategy, which aims to double the digital economy's contribution to non-oil GDP by 2032.
What Whalio's data showed
Binance spot order flow for USDC, measured when this story was published on 26 August 2026.
The 1-hour buy ratio of 52.1% indicates a slight short-term preference for buying, contrasting with the 4-hour ratio of 47.7% which shows a minor lean toward selling. However, the 24-hour buy ratio of 48.8% confirms that selling pressure remains dominant over the full daily cycle. Volume delta data reinforces this bearish bias, with a significant net outflow of -$80,859,440 over 24 hours compared to a modest +$4,398,687 inflow in the last hour. The 4-hour volume delta of -$20,041,354 further highlights that recent selling has outweighed buying activity in the immediate past. Cumulative Volume Delta closing at -$108,348,734 suggests that sellers have controlled the market for the majority of the day, with net buying occurring in only 12 of the last 24 hours. Consequently, buying pressure is currently fading relative to the sustained selling volume observed over the longer timeframe.