UAE-based grocery delivery service YallaMarket recently made an announcement that it has started accepting cryptocurrencies as payment.
YallaMarket is one of the fastest-growing grocery delivery firm in Dubai. With crypto adoption at a remarkable rate in the country, YallaMarket has added USDT and USDC as payment options for its customers.
However, the company is only accepting stablecoins Tether (USDT) and USD Coin (USDC). Also, the company has plans to accept crypto investments from its partners and investors in the Middle East and North African region.
UAE is becoming a global crypto Hub. The growing popularity and demand for crypto, NFTs, and metaverse led the government to introduce crypto-friendly regulations and policies. Also, the availability of computing resources is also encouraging big crypto mining firms to expand in UAE.
JUST IN: 🇦🇪 YallaMarket, a grocery delivery service in the UAE, now accepts #cryptocurrency payments.— Watcher.Guru (@WatcherGuru) April 22, 2022