BurjX Expands Multi-Chain Stablecoin Support Across Major Blockchains
BurjX, a UAE-based digital asset brokerage and custodian licensed by the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM), has expanded its platform to support stablecoin transfers across multiple blockchain networks within a regulated framework.
The move adds broader connectivity for USDT and USDC transactions, reflecting the growing role of stablecoins in global digital asset markets. According to the company, stablecoins processed more than US$33 trillion in transaction volume in 2025, while total market capitalisation rose above US$300 billion. Their use has continued to spread across payments, trading and treasury operations, including in the UAE.
Support for Multiple Networks
With the latest update, BurjX clients can transfer stablecoins across several major blockchains. The expanded support includes USDT on Tron (TRC20), USDT on BNB Smart Chain (BEP20), USDC on Solana and USDC on Stellar, in addition to the firm’s existing Ethereum (ERC-20) support.
The company said the multi-chain setup gives users greater flexibility to select networks based on transaction speed, cost and liquidity conditions. BurjX described the expansion as part of its strategy to connect blockchain infrastructure with regulated financial services in the UAE.
Regulated Infrastructure and Custody
BurjX said the new capabilities are designed to operate within compliance requirements aligned with the FSRA. The firm also noted that its infrastructure is intended to support trading and settlement at scale.
For digital asset custody, BurjX uses Fireblocks and its multi-party computation (MPC) technology, which is designed to reduce single points of failure and help secure transfers across supported networks. The company also serves retail, institutional and OTC market participants through its regulated platform.
In addition, BurjX provides AED on- and off-ramps through Zand Bank, alongside access to global liquidity providers. The setup is intended to bridge the UAE banking system and digital asset markets through regulated channels.
CEO Comments on Stablecoin Infrastructure
Omar Abbas, Co-Founder and CEO of BurjX, said stablecoins have become a core part of digital asset settlement. He said the company’s network expansion is aimed at building infrastructure that enables capital to move across blockchain ecosystems while remaining aligned with the FSRA’s regulatory framework.
Industry Analysis
BurjX’s move highlights the increasing importance of multi-chain stablecoin infrastructure in regulated markets. As stablecoins become more widely used for settlement and liquidity management, exchanges and custodians are under pressure to offer faster and more cost-efficient transfer options without compromising compliance.
For the UAE, the expansion reinforces ADGM’s positioning as a jurisdiction supporting regulated digital asset activity. By combining stablecoin connectivity, banking access and institutional custody tools, providers such as BurjX are helping shape the next phase of digital asset adoption in the region.
The development also reflects a broader industry trend: stablecoin utility is moving beyond trading into mainstream financial operations, making interoperability and regulatory alignment increasingly important for market participants.
